Which of the following would explain why the risk of losing money would keep someone from investing in the stock market?
A. rational economic thinking
B. prospect theory
C. bounded rationality
D. loss aversion
Answer: D
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When we look at what occurred at Abu Ghraib prison and even in the Stanford Prison Experiment, it is quite clear that these situations are created by
a. graduate students. b. governments. c. "a few bad apples." d. systems. e. friends.
After years of anxiety concerning his sexual performance, Sam decides to see a specialist. Part of the evaluation involves observation of Sam during sleep
After the evaluation, the specialist concludes that Sam's problem is psychological, not physiological. On what basis could the specialist have drawn this conclusion? a) Sam had a penile erection during sleep. b) Sam's dreams were normal for a healthy male. c) The tight clothing Sam wears during the day accounted for his sexual difficulties. d) Sam spent so much time preparing for bed that he was too tired to engage in sexual behaviors.