Prospect Theory Provides an Explanation for Why Individuals Tend to

question 24

Multiple Choice

Prospect theory provides an explanation for why individuals tend to

• A) hold on to their investments for too long
• B) sell their investments too quickly
• C) sell their investments under value
• D) none of these choices

---

Definitions:

Gay And Lesbian Households

Homes where individuals of the same gender are in a romantic relationship, often living together.

Role Ambiguity

A situation in which the expectations associated with a role are unclear, leading to confusion and possibly stress.

Institutionalism

Institutionalism refers to an approach in social science that emphasizes the role of institutions in shaping social behavior, outcomes, and processes.

Psychological Apathy

A state of indifference where an individual shows lack of interest, enthusiasm, or concern towards emotional, social, or physical life.