One Aspect of Prospect Theory Is That People Tend to

question 83

Multiple Choice

One aspect of prospect theory is that people tend to

• A) be very risk averse to large gains.
• B) be very risk averse to losses.
• C) love losses more than gains.
• D) hate gains regardless of potential losses.

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Definitions:

Depersonalization

A psychological state where an individual feels detached from themselves or their surroundings, often as a response to stress or trauma.

Gender

relates to the socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender-diverse people.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and behavioral patterns.

Gender

A range of characteristics pertaining to, and differentiating between, masculinity and femininity, including biological sex, gender identities, social roles, and cultural expectations.