The Two Psychological Explanations for Group Polarization Are: Informational Influence

question 16

Multiple Choice

The two psychological explanations for group polarization are: informational influence and normative influence.Informational influence is best described as the need ________; normative influence is best described as the need ________.

• A)to have power (influence)over others; to fit in with the group
• B)for cognition; for emotion
• C)to be right (accurate); to be liked (accepted)
• D)to be liked (accepted); to be right (accurate)

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Definitions:

Black-Scholes Option Pricing Model

A mathematical model for pricing an options contract by estimating the variation over time of financial instruments.

Option to Buy

A contract that gives the holder the right, but not the obligation, to purchase a specified asset at a set price within a specific timeframe.

Conversion Value

The worth of a convertible security if it was converted into a different security, typically shares of the issuing company, at the current market price.