Author Question: Compare a 50 gain and a 50 loss. Which of these is more psychologically powerful, according to ... (Read 7 times)

leo leo · **on:** Jun 20, 2018

Compare a 50 gain and a 50 loss. Which of these is more psychologically powerful, according to prospect theory?

a) They have equal value.
b) A 50 gain is more psychologically powerful.
c) It depends on the particular situation.
d) A 50 loss is more psychologically powerful.

Question 2

The spotlight effect refers to the tendency to believe that _______, and is often cited as an example of _______.

a) you stand out to others more than you actually do; anchoring and the adjustment heuristic
b) no one notices you when you would like to be noticed; framing
c) you stand out to others more than you actually do; framing
d) no one notices you when you would like to be noticed; anchoring and the adjustment heuristic