When Tversky and Khaneman Asked One Group of People to Imagine

question 24

Multiple Choice

When Tversky and Khaneman asked one group of people to imagine that, having previously purchased a ticket for $10, they arrive at the theater to discover they have lost their ticket and a second group to imagine that they arrive just before the performance to buy a ticket and find they have lost $10 from their wallets, they found that people in the lost ticket group were more likely to say they would ________ the performance, even though the rational choice model predicts that people in ________.

• A)still attend; the lost $10 group should be more likely to say they would still attend
• B)still attend; both groups should be equally likely to say they would still attend
• C)no longer attend; the lost $10 group should be more likely to say they would no longer attend
• D)no longer attend; both groups should be equally likely to say they would still attend

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Definitions:

Fertile Soil

Soil that is rich in nutrients and minerals, ideal for growing plants and crops.

Natural Processes

Biological, chemical, and physical actions or events that occur within natural ecosystems without human intervention.

Decades

Periods of ten years.

Natural Disturbance

Events occurring in nature, such as forest fires, floods, and hurricanes, that disrupt ecosystem structures and functions but can also lead to biodiversity and regeneration.