Examlex

Solved

In Preference Reversal, Subjects Prefer One Gamble When They Anchor

question 68

True/False

In preference reversal, subjects prefer one gamble when they anchor on outcomes and another when they anchor on probabilities.


Definitions:

Perceptual Selection

The psychological process by which individuals screen and select various stimuli that vie for their attention, filtering out some data while allowing other data to enter perception.

Contrast

The state of being strikingly different from something else in juxtaposition or close association.

Intensity

Refers to the degree of strength, force, or energy possessed by a process, phenomenon, or emotion.

Perceptual Selection

The process by which individuals choose which sensory information to focus on, influenced by factors such as interests and backgrounds.

Related Questions