Which of the Following Is a Decision-Making Theory That Accounts

question 47

Multiple Choice

Which of the following is a decision-making theory that accounts for process and outcome of decisions through a two-stage analytic model that incorporates cognitive approaches with rational choice expectations?

• A)irrational choice
• B)theory of risky prospects
• C)poliheuristic theory
• D)affective intelligence theory

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Definitions:

Formal Operational

A stage in Piaget's theory of cognitive development, marked by the ability to think abstractly, reason logically, and plan systematically.

Abstract Principles

Fundamental ideas or theories that are not associated with any specific instances or physical objects but serve as the basis for thought and action.

Cognitive Development

The study of how thinking, problem solving, and intelligence evolve as people grow, typically focusing on childhood development stages.

Centration

The cognitive tendency in young children to focus on one aspect of a situation while neglecting others, often observed in preoperational stage of Piaget's theory of cognitive development.