Psychology MCQ Social Psychology Chapter 4 The tendency to give more weight to possible losses than to possible gains when making decisions that require trade-offs is known as ____.

The tendency to give more weight to possible losses than to possible gains when making decisions that require trade-offs is known as ____.

Social Psychology Chapter 4

The tendency to give more weight to possible losses than to possible gains when making decisions that require trade-offs is known as ____.

a. the certainty effect
b. temporal discounting
c. risk aversion
d. the status quo bias

Answer: C

Psychology MCQ

The tendency to give more weight to possible losses than to possible gains when making decisions that require trade-offs is known as ____.

The tendency to give more weight to possible losses than to possible gains when making decisions that require trade-offs is known as ____.

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