Costs Incurred to Reduce Opportunistic Behaviour Plus the Costs of Opportunistic

question 24

Multiple Choice

Costs incurred to reduce opportunistic behaviour plus the costs of opportunistic behaviour that it is not economic to eliminate are known as:

• A) political costs
• B) bonding costs
• C) agency costs
• D) opportunity costs

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Definitions:

Affective Forecasting

The process by which individuals predict their future emotional states or how they will feel in response to future events.

Ego Depletion

The theory that self-control or willpower draws upon a limited pool of mental resources that can be used up.

Physical Arousal

Pertains to the physiological responses of the body that prepare an individual for action, often associated with emotions, exercise, or sexual interest.

Ironic Processing

The psychological process where attempts to suppress certain thoughts make them more likely to surface.