Problems Exist When There Are ___________ to Reaching a Goal

question 41

Multiple Choice

Problems exist when there are ___________ to reaching a goal.

• A)incentives
• B)penalties
• C)obstacles
• D)clear paths

Identify factors that can intensify emotions besides the stimulus itself.

Understand the evidence of emotional reactions without deliberate rational thinking.

Understand the concept of the endowment effect in behavioral economics.

Recognize how prospect theory explains human behavior towards risks and rewards.

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Definitions:

Logical

Pertaining to the use of reason and sound judgment in thinking or arguing.

Abstract

A brief summary of a research article, thesis, review, or other long report on a subject or project.

Idealistic

Characterized by the pursuit of high or noble principles, purposes, goals, or perfection.

Concrete Operational Stage

Piaget’s third stage of cognitive development, lasting from about 7 to 11 years of age, during which the individual uses operations and replaces intuitive reasoning with logical reasoning in concrete situations.