The Ability to Forgo Immediate Pleasures in the Interest of Achieving

question 72

Multiple Choice

The ability to forgo immediate pleasures in the interest of achieving greater rewards in the future is characterized as________ gratification.

• A)distorted
• B)deferred
• C)anticipatory
• D)secondary

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Definitions:

Not Swerve

A term used in game theory, typically referring to a situation where players in a game or dilemma choose not to change their strategy or direction despite potential conflict.

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies while the other players keep theirs unchanged.

Optimal Choice

The most efficient or favorable option selected from a set of alternatives, based on criteria or preferences.

Payoff

The return or reward received from an investment or action.