Examlex
Efforts to alter or manage the intensity or type of feelings one is experiencing is referred to by Hochschild as
Contributions
Payments or services provided by individuals or organizations towards a common fund or cause, often used in the context of charitable donations or participation in joint projects.
Loss Aversion
A concept in behavioral economics indicating that people tend to prefer avoiding losses to acquiring equivalent gains; it's the idea that the pain of losing is psychologically about twice as powerful as the pleasure of gaining.
Recognize the Loss
The accounting practice of formally acknowledging that a financial asset has decreased in value, typically realized through a transaction or assessment.
College Education
The advanced level of learning obtained at universities or colleges, typically leading to a degree.
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