Which of the Following Terms Describes a Phenomenon Whereby Individuals

question 19

Multiple Choice

Which of the following terms describes a phenomenon whereby individuals ignore their own information about the best course of action and instead simply do what everyone else is doing?

• A)Relative performance
• B)Absolute performance
• C)Herding
• D)Risk sharing
• E)Pay-for-performance

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Definitions:

Behavioural

Related to the actions or reactions of individuals or groups in response to external or internal stimuli.

Physiological

Relating to the functions of living organisms and their parts.

Stress Episode

A single or series of stressful events that disrupt an individual's emotional equilibrium and may lead to a physical or psychological response.

Reactions

are the responses or behaviors displayed by individuals in response to external stimulus, events, or changes, often showcasing emotions or thought processes.