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A Father Is Planning to Give Some Extra Pocket Money

Question 51

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A father is planning to give some extra pocket money to his 12-year-old son. He asks his son if he would like the amount right now or if he would rather wait for a week, which is around the time his school is organizing a picnic. The son chooses to take the allowance right away rather than wait for a whole week. This scenario is an example of _____.


A) the capacity to delay gratification
B) error management theory
C) the omission bias
D) temporal discounting

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