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The Prospect theory was introduced by two psychologists, Daniel Kahneman, and Amos Tversky. As per the theory, given the choice of equal probabilities, most people would choose to retain the wealth that they already have, rather than risk the chance to increase their current wealth. People are usually averse to the possibility of losing, such that they would rather avoid a loss rather than take a risk to make an equivalent gain. It is a psychology theory that describes how people make decisions when presented with alternatives that involve risk, probability, anduncertainty. It holds that people make decisions based on perceived losses or gains.
The code for the word RAMSHACKLE in a certain language is 23-6-18-24-13-6-8-16-17-10. What will be the code for the word ONEROUS in that language?
If all the vowels in the word ‘REJECTION’ are changed to the next letter in the English alphabetical order and all the consonants remain the same th...
Select the figure from the options that can replace the question mark (?) and complete the pattern.
Select the word that CANNOT be formed by using the letters of the given word.
COURAGEOUS
If ‘ GLOSSORY ’ is coded as 97533562 and ‘ GEOGRAPHY ’ is coded as 915968402 , then ‘ GEOLOGY ’ can be coded as
...In a code language, ' SLAIN ' is written as ‘ PKCNU ’ and ' DENT ' is written as ' VPGF '. How will ' CUBOID ' be written in that language?
...Which of the following friends, like Purple ?
Four of the following five are alike in a certain way and hence they form a group. Which one of the following does not belong to that group?
What will be the angle formed between the hour hand and minute hand of a clock at 9:23 pm, when take in clockwise direction from the minute hand?
Select the option that is related to the third term in the same way as the second term is related to the first term.
DFB : GHC :: LNJ : ?