What principle is not accounted for when assuming humans use expected value calculations? Dualism O Psychological utilit
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What principle is not accounted for when assuming humans use expected value calculations? Dualism O Psychological utilit
Question 47 1 pt If two people decide to get married because "we've been together so long, we might as well even though we are kind of sick of each other", this would be an example of what error in judgement? Confirmation bias Sunk-cost fallacy Gambler's fallacy Baader-Meinhof phenomenon Question 48 1 pts Why might salesmen want a potential buyer to physically hold or use the item to be sold? Anchoring O Sunk costs O Framing O Loss aversion.
What principle is not accounted for when assuming humans use expected value calculations? Dualism O Psychological utility Unexpected value O Irrational optimality