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You have a decision to invest $10,000 in any of four different companies. You estimate the probabilities that the economy will be favorable or unfavorable, and you estimate the percent returns over the next year. Based on expected value, what company do you choose?
Piliavin
A reference to Irving Piliavin, a social psychologist known for his research on prosocial behavior, including the bystander effect.
Prosocial Behaviour
Actions intended to benefit others, including behaviors like helping, sharing, and comforting.
Self-Interest
The pursuit of personal advantage, benefit, or well-being, often regarded as a primary motivator in human behavior.
Perspective Taking
The act of viewing situations or understanding concepts from an alternative point of view.
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