The Tendency to Give More Weight to Possible Losses Than

question 37

Multiple Choice

The tendency to give more weight to possible losses than to possible gains when making decisions that require tradeoffs is known as ____.

• A)the certainty effect
• B)temporal discounting
• C)risk aversion
• D)the status quo bias

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Definitions:

Style of Shirt

The specific design, cut, or fashion that characterizes a shirt, which can vary in terms of collar type, sleeve length, material, and other features.

Negative Reinforcement

A form of operant conditioning that occurs when a response is strengthened as a result of stopping or avoiding a negative outcome.

Body Mass Index

A measure calculated from a person's weight and height, used as an indicator of obesity or underweight.

Arm Span

The length from one's left fingertip to their right fingertip when arms are stretched out horizontally, often used in anthropometric measurements.