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Consumers Don't Like to Pay for Automobile Insurance, but They

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Consumers don't like to pay for automobile insurance, but they know that they can be fined heavily if stopped by the police and they don't have proof of insurance. Therefore, their attitude toward insurance is based on the belief that it will eliminate the punishment they could incur if they don't have insurance. According to the functional theory of attitudes, which function does this attitude toward insurance perform?


Definitions:

Effect Size

is a quantitative measure of the magnitude of a phenomenon or the strength of the relationship between two variables.

Meta-analytic Studies

Statistical analyses that combine data from multiple studies to derive conclusions about a research question, providing a more comprehensive understanding of findings across different settings.

Panic Disorder

A psychiatric disorder characterized by unexpected and repeated episodes of intense fear accompanied by physical symptoms such as chest pain, heart palpitations, or dizziness.

Agoraphobia

Refers to the fear of being in situations where escape might be difficult or that help wouldn't be available if things go wrong.

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