Examlex
The number of households tuned into a program divided by the total number of households with a television turned on calculates:
Implicit Favorite
An unconsciously preferred choice or option among a set of alternatives, often influencing decision-making processes.
Alternatives
Are different options or choices available to decision-makers in a problem-solving or decision-making process.
Escalation of Commitment
The tendency to continue to invest in a decision or project despite evidence of its failure, often due to emotional attachment or sunk costs.
Prospect Theory
A psychological theory that describes how people choose between probabilistic alternatives that involve risk, where the potential for losses is weighted more heavily than equivalent gains.
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