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.
Tamil Nadu has a _______ tradition of candies, which were _____ without chemical preservatives and contributed in their own ways to ______ health. Sear...
The thing is good but there is ---------missing to make it an excellent work
The level of pollution is increasing day-by-day _________ in ill-health of hundreds of people.
(A) Causing (B) provoking (C) resulting (D) managi...
The _____ of our civilization from an agricultural society to today's complex industrial world was accompanied by war.
Select the most appropriate option to fill in the blank.
Our school had decided to take us to the Himalayas for excursion. I ________ to convin...
I could make out that the conversation was leading to a fight so I ______ .
A perception among the country’s youth that the national government is __________ down on democratic expression could only strain the already deli...
The call issued by the opposition socialist leader for more federal powers could ____________ tensions.
My first year of high school _________ awkward. After ______ junior high at the head of my class with all the seniority the upper grade levels ________...
She ____________ with a question before I had finished speaking.