Examlex
Which of the following statements is true of group decision making?
Definite Outcomes
Results or effects that are specific, clear, and unambiguous, often anticipated or expected in various contexts.
Temporal Discounting
A preference for immediate gratification over rewards that come later.
Risk Aversion
A behavioral tendency to prefer avoiding losses over acquiring equivalent gains, indicating a preference for certainty and safety.
Certainty Effect
The tendency for people to give greater weight to outcomes that are certain, compared to outcomes that are probable, often observed in decision-making under uncertainty.
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