You feel a small bit of joy when you breeze through green lights on your way to work, but you will get downright angry when the

Question

2 years ago

14

You feel a small bit of joy when you breeze through green lights on your way to work, but you will get downright angry when the

car in front of you sits at a green light and you miss the opportunity to make it through the intersection. Losing out on the chance to make the light is far more painful than the pleasure of hitting the green light from the beginning. Which concept about decision-making best applies to this situation?
1. Loss aversion theory
2. The anchoring & adjustment heuristic
3. Hindsight bias
4. The planning fallacy
5. The framing effect

Social Studies

2 answers:

Roman55 [17] · Answer 1 · 2022-12-18T05:51:57+03:00

Roman55 [17]2 years ago

7 0

Answer:

1

Explanation:

Loss aversion is preferring gains and hating or greatly disliking losing an opportunity.

Nat2105 [25] · Answer 2 · 2022-12-18T08:13:45+03:00

Nat2105 [25]2 years ago

7 0

I think it’s 4 but I’m not sure, sorry if it’s wrong