If an Event Has an Expected Value of Zero,the Event

question 41

Multiple Choice

If an event has an expected value of zero,the event is termed a(n)

• A)better than fair gamble.
• B)unfair gamble.
• C)zero gamble.
• D)fair gamble.

---

Definitions:

Social Exchange Theory

A framework suggesting that social behavior is the result of an exchange process aimed at maximizing benefits and minimizing costs to oneself.

Rewards and Costs

In social exchange theory, the benefits gained and the burdens or obligations faced in interpersonal relationships.

Social Exchange Theory

A theoretical framework that suggests social behavior is a result of an exchange process to maximize benefits and minimize costs.

Reciprocal Liking

Liking those who show that they like you.