Kim and Abe Are Participating in a Psychology Experiment

question 179

Multiple Choice

Kim and Abe are participating in a psychology experiment. At the end of the study they are offered either $10 or a chance to be entered into a draw where there is a 10 percent chance of winning $100. Kim's parents are supporting her through university, paying her expenses and giving her a generous allowance. Abe is putting himself through school with jobs and loans. Prospect theory would predict that Kim will choose ____________ and Abe will choose ____________.

• A) the draw; the $10
• B) the draw; the draw
• C) the $10; the $10
• D) the $10; the draw

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Definitions:

Social Psychologist

A scientist who studies how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Dissonance Levels

The degree of conflict or inconsistency experienced by a person when holding two or more contradictory beliefs, ideas, or values.

Impression Formation

The mental process of developing opinions about other people.

Social Interaction

The process by which individuals act and react in relation to others, influencing and being influenced by the behaviors, feelings, and thoughts of one another.