What Are the Two Distinguished Process Models of Decision Making

question 62

Multiple Choice

What are the two distinguished process models of decision making that were proposed by cognitive psychologists to the judges?

• A)Legal model of decision making and attitudinal model of human judgment
• B)Attitudinal model of decision making and deliberative model of decision making
• C)Altruistic model of decision making and intuitive model of decision making
• D)Intuitive process and deliberative process models of decision making

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Definitions:

Include

To contain, encompass, or have something as part of a whole or group.

American Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a specified quantity of an asset at a predetermined price within a specified time period until expiration.

Underlying Asset

An asset or security on which a derivative instrument, such as a futures or options contract, is based.

Value Decrease

Occurs when the value of an asset or investment declines over time due to market conditions, wear and tear, or other factors.