The First Two Theoretical Approaches to Motivation That Attained Prominence

question 10

Multiple Choice

The first two theoretical approaches to motivation that attained prominence in the history of modern psychology were:

• A) the instinct approach,then the incentive approach.
• B) the incentive approach,then the drive-reduction approach.
• C) the drive-reduction approach,then the instinct approach.
• D) the instinct approach,then the drive-reduction approach.

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Definitions:

Stock's Market Value

The market value of a stock represents the price at which a share of the stock is currently trading on the open market.

Winner's Curse

A phenomenon often seen in auctions where the winning bid exceeds the intrinsic value or true worth of an item, leading to a loss for the winner.

IPO Underpricing

The phenomenon where new shares of a company are sold to the public at a price lower than the market price after they start trading.

Underwriter

A financial specialist who evaluates the risks involved in a financial transaction, typically insurance or the issuing of new securities, and decides the terms under which the transaction can be offered.