Important Flashcards

1
Q

Gains with moderate probabilities (50% of 100EU vs 50EU)

A

Risk aversion

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2
Q

Gains with small probabilities (1% of 100EU vs 1EU)

A

Risk seeking

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3
Q

Losses with moderate possibilities (50% of -100EU vs -50EU)

A

Risk seeking

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4
Q

Losses with small possibilities (1% of -100EU vs -1EU)

A

Risk aversion

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5
Q

Sentiments

A

Emotional feelings and reactions manifested by group members

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6
Q

Interactions

A

Reciprocal behaviors and communications engaged in by group members

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7
Q

Activities

A

Actions conducted in a group

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8
Q

Norms

A

Expectations held by group members regarding how they should behave in the group

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