A Student Learns About the Results of Milgram's Study of Obedience

question 60

True/False

A student learns about the results of Milgram's study of obedience and says,"Those participants were so cruel! I'm not cruel,so I would never deliver shocks to another person." This student is committing the fundamental attribution error.

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Definitions:

Expected Utility Function

A concept in economics that quantifies an individual's preference for different outcomes, accounting for risk and uncertainty.

Probability

A numeric expression ranging between 0 and 1 that signifies the chances of an event's occurrence.

Utility

The total satisfaction received from consuming a good or service.

Expected Utility Maximizer

An economic agent who selects the option that maximizes the anticipated utility, based on certain probabilities and outcomes.