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Start learning 50% faster. Sign in nowThe 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.
Which element is most useful for root growth?
The word 'extension education' was originated in which country?
Food Safety and Standards Authority of India has set up a scientific panel on
A formulation of a herbicide generally not diluted and supplied ready to use is called
Which one of the following is an example of concentrated organic manure?
Challenges in Minimum Support Price does not includes
If a manufacturing company does not adhere to CGMP regulations :
In cyclorrhapous dipterans, the fusion of corpora cardiaca corpora allalata and prothoracic glands is known as
Which of these is known as camel crop?
Under Food safety and Standards Act the designated Officer serves an improvement notice on the food business operator. Which of the following is not men...