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dangina [55]
2 years ago
15

Evaluating your payoffs as gains or losses relative to an arbitrary baseline distorts your decisions and is a problem associated

with: representativeness bias. loss aversion. anchoring bias. overconfidence.
Business
2 answers:
7nadin3 [17]2 years ago
5 0

The study of an agent's or individual's decisions is known as decision theory. The official decision-making process concludes with evaluation. Evaluating the consequences may assist the decision-maker in learning lessons that will help her make better decisions in the future.

  • Loss aversion is the correct answer because the general notion of the "loss-aversion" theory is that if an individual is provided with two equal alternatives, one of which is presented in terms of prospective profits and the other in terms of potential losses, the former option will be chosen.

  • Loss aversion is a cognitive bias or psychological phenomenon that explains why the agony of losing is twice as powerful psychologically as the pleasure of winning.

Therefore, representativeness, cognitive bias, and overconfidence are not factors relative to an arbitrary decision distortion. So, Loss aversion is the correct response to the question.

For more information regarding arbitrary baseline, refer to the link:

brainly.com/question/11224360

allsm [11]2 years ago
3 0

Answer:

loss aversion

Explanation:

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The monetary inflation needed to relieve the social and economic hardships of the late nineteenth century eventually came as a r
AnnZ [28]

Answer:

Came as a result of:an increase in the international gold supply .

6 0
2 years ago
The new bridge would require 14 piers to support it and it was known that each time a pier is sunk into the harbor it would take
Sergeu [11.5K]

Answer:

$21,000

Explanation:

The new bridge would take 30 man hours of labor at $50 per hour, in activity based costing, this means that ,

30*50 = 1500.

Now, it will require 14 piers to support it each time a pier is sunk into the harbor,hence the final calculation will be:

30*50*14 = 21000.

Hope this Helps.

Goodluck.

6 0
2 years ago
Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment. Project H rep
anastassius [24]

Answer:

USING 0% DISCOUNT RATE

PROJECT E

Year Cashflow [email protected]%     PV

             $                  $

0            (23,000) 1  (23,000)

1             5,000         1         5,000

2                  6000           1              6,000

3      7000          1              7,000

4                 10,000           1              10,000

                                               NPV  5,000

                   PROJECT H

Year Cashflow [email protected]%     PV

             $                  $

0            (25,000) 1  (23,000)

1             16,000 1         16,000

2                  5,000          1              5,000

3      4,000          1              4,000

                                               NPV  2,000

Project A should be accepted

USING 9% DISCOUNT RATE

Year Cashflow [email protected]%           PV

             $                      $

0            (23,000) 1        (23,000)

1             5,000         0.9174         4,587

2                  6000           0.8462            5,077

3      7000          0.7722             5,405

4                 10,000           0.7084            7,084

                                                       NPV   (847)

PROJECT H

Year Cashflow [email protected]%            PV

             $                        $

0            (25,000) 1         (23,000)

1             16,000 0.9714         15,542

2                  5,000          0.8462            4,231

3      4,000          0.7722            3,089

                                                     NPV    (138)

None of the projects should be accepted because they have negative NPV

Explanation:

The question requires the computation of NPV using 0% and 9%.

The cashflows of the two projects will be discounted at 0% and 9%.

The discount factors for each project can be calculated using the formula (1+r)-n. The cashflows of the projects will be multiplied by the discount factors to obtain the present values. NPV is the difference between present values of cash inflows and initial outlay.

7 0
3 years ago
A high degree of_____interdependence exists when team members share in the rewards that the team earns.
galben [10]

Answer:

goal

Explanation:

Goal interdependence is when  members of a group share common goals.

3 0
2 years ago
brainstorming solicits the help of multiple people to formulate concepts and identify ways to bring them to market. true or fals
andreev551 [17]

Answer:

a.

Explanation:

hahshahaha joke lang

3 0
2 years ago
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