1. What are the three conditions for making a decision?
- Carried out with respect to cost-benefit analysis, value of outcome must outweigh cost, value of outcome can be assessed
- At least two possible choices, expectations can be predicted about outcomes, value of outcome can be assessed
- Value of outcome must outweigh cost, expectations can be predicted about outcomes, all choices have salience
- At least one possible choices, expectations can be predicted about outcomes, value of outcome must be salient
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Other questions in this quiz
2. What would be a manipulation to demonstrate framing effects?
- Medicine that saves/kills
- A dice roll on a 20 sided dice
- Alcohol of different %s
- Watches of different costs
3. What is the strategy that should be used by rational individuals in the prisoners dilemma?
- Variable reinforcement
- Nash equilibrium
- Long term gain
- Short term reward
4. Where does the ventral tegmental area (midbrain) project to?
- Ventral striatum
- Limbic system and cortex
- CA1 CA3
- Cerebral cortex
5. What did normative theories lead to?
- Prospect theory
- Value theory
- Theory theory
- Simulation theory