The tendency for people to sell stocks that have risen too early and hold stocks that have declined for too long is called the

a. endowment effect.
b. disposition effect.
c. escalation effect.
d. sunk cost principle.


b

Psychology

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Dreaming occurs every night in all humans, virtually without exception. What can be inferred from this observation?

A. Dreams represent a pathway to higher consciousness. B. Some people dream early in a night's sleep, whereas others dream just before waking up in the morning. C. Dreams have symbolic meanings that are shared by all of humankind. D. REM sleep occurs every night in all humans, virtually without exception.

Psychology

An individual at the 75th percentile would have a z score of approximately _____

a. +1 b. +.67 c. –.85 d. none of the above

Psychology

____ tends to make people more aware of positive, culturally desirable standards and tends to make them try harder to behave in positive, culturally desirable ways

a. Basking in reflected glory b. The over-justification effect c. The self-reference effect d. Self-awareness

Psychology

Research suggests that people seldom dream about:

A. more than one character B. activities such as running or walking C. sexual encounters and intercourse D. being indoors

Psychology