All of the Following Statements Describe Assumptions of an Early

question 72

Multiple Choice

All of the following statements describe assumptions of an early model of decision making,the "economic man and woman," except one.Identify the assumption not associated with this model.

• A)Decision-makers are completely informed of all possible options and all possible outcomes of their decision options.
• B)Decision-makers are infinitely sensitive to subtle differences among decision options.
• C)Decision-makers are aware that making errors in judgment is inherent in decision-making.
• D)Decision-makers are fully rational in regard to their choice of options.

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Definitions:

Social Facilitation

The process by which a person’s performance is increased when other members of a group engage in similar behavior.

Arousal

The physiological and psychological state of being awoken or stimulated to action.

Cognitive Tendencies

Cognitive tendencies are patterns or biases in thinking and decision-making, such as heuristics or cognitive biases, that influence how individuals interpret information.

Sternberg's Consummate Love

A concept from Robert Sternberg's Triangular Theory of Love, referring to a complete form of love consisting of three components: intimacy, passion, and commitment.