Which of the Following Biases Refers to Individuals Who Tend

question 88

Multiple Choice

Which of the following biases refers to individuals who tend to strongly prefer avoiding losses rather than acquiring gains?

• A) loss leaders
• B) zero-risk bias
• C) self-serving bias
• D) loss aversion
• E) money illusion

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Definitions:

Hallucination

A perception in the absence of external stimuli, manifesting in any of the five senses.

Hoarding Disorder

A mental health disorder characterized by persistent difficulty discarding or parting with possessions, regardless of their actual value, due to a perceived need to save them.

Diagnostic Criteria

Standardized guidelines used to identify and categorize illnesses or disorders based on symptoms and signs.

Deviance Criterion

A principle used in psychology and sociology that identifies behaviors or traits deviating significantly from societal norms.