In the book demonstration where you lose $10 or you lose a theater ticket, and are faced with the dilemma of whether to purchase a second ticket or not, people who lose the ticket will be _______ likely to purchase the ticket, because of _______

a) more; psychological accounting
b) more; expected utility
c) less; psychological accounting
d) less; expected utility


Answer: c

Psychology

You might also like to view...

An investigator who compares people of different ages all at the same time, is using a ____________ design

Fill in the blank(s) with correct word

Psychology

Most heroin entering the U.S. today comes from Latin American countries

a. True b. False Indicate whether the statement is true or false

Psychology

What did personality researchers Raymond Cattell and Hans Eysenck have in common? They both used ____ to determine the important personality traits

a. ?experiments b. ?case studies c. ?naturalistic observations d. ?factor analysis

Psychology

Behavior that is reinforced every time it occurs is said to be on a(n) ________ reinforcement schedule.

A. positive B. intermittent C. continuous D. secondary

Psychology