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Estimating Your Probability of Doing Something Increases Your Probability of Actually

question 47

Short Answer

Estimating your probability of doing something increases your probability of actually doing it.This observation is known as the ______ _________ effect.


Definitions:

Ethical Dilemmas

Situations in which a person faces conflicting moral principles, making it challenging to decide the right course of action.

Stakeholders

The groups of people affected by a firm’s decisions.

Ownership Interest

Refers to the legal rights and claims an individual or entity has over a property or asset.

Ethical Reasoning

The process of evaluating what is right or wrong in a moral sense and making decisions based on ethical principles.

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