The Tendency for People to Place Greater Weight on the Present

question 159

Multiple Choice

The tendency for people to place greater weight on the present over the future in decision-making is known as ____.

• A) the certainty effect
• B) temporal discounting
• C) reactance
• D) the now-or-never effect

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Definitions:

AFL

The American Federation of Labor, a national federation of labor unions in the United States, initially founded in 1886.

Predecessor

An entity or person that came before another in a specific role or position.

Jurisdictional Dispute

A dispute involving two or more unions over which should represent the workers in a particular shop or plant.

Labor Arbitrator

An individual or panel tasked with resolving disputes between employers and employees or unions through binding decision-making.