Author Question: People tend to say that they would prefer to have 1000 today rather than 1200 two weeks from noweven ... (Read 127 times)

EY67 · **on:** Jun 22, 2018

People tend to say that they would prefer to have 1000 today rather than 1200 two weeks from noweven though, logically, they would be better off with the 1200 in two weeks. The phenomena underlying this tendency is known as ____.

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

Question 2

Jose sometimes feels that he is a taker rather than a giverthat he is not contributing his fair share at work or in relationships. Research suggests that, as a result, Jose is likely to

a. feel depressed and underperform
b. feel guilty and underperform
c. convince himself that he is, in fact, a giver and look for opportunities to give back more
d. feel depressed, feel guilty, and look for opportunities to give back more