Multiple Choice
Jessica's workplace is collecting money for a lottery pool.Each employee can choose to contribute $50,with a 1 in 600,000 chance of winning $1 million.If Jessica chooses not to contribute to the lottery pool,she is probably experiencing:
A) positive framing.
B) the endowment effect.
C) loss aversion.
D) status quo bias.
Correct Answer:
Verified
Correct Answer:
Verified
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