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Consider Lever House and Fallingwater. Identify the architects who designed each structure and the ways that purpose, location, and the architect's understanding of modernism influenced the appearance and design of each structure.
Risk Aversion
The tendency to prefer avoiding losses over acquiring equivalent gains; the degree of variability in investment returns that an investor is willing to withstand.
Possible Losses
Potential or anticipated losses, which could be in terms of finances, opportunities, well-being, or other valuable aspects.
Possible Gains
The potential benefits or positive outcomes that might be achieved from a particular action or decision.
Error Management Theory
A theory suggesting that humans are evolved to favor strategies that minimize the more costly type of errors in the dual nature of decision-making errors: false positives and false negatives.
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