What is the concept of preference in decision-making?
This or That?

Flashcard
•
Mathematics
•
9th - 11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Preference in decision-making refers to the subjective evaluation of options based on individual values, desires, and experiences, influencing choices.
2.
FLASHCARD QUESTION
Front
How does context influence preferences?
Back
Context can shape preferences by altering perceptions, highlighting certain attributes of options, and affecting emotional responses.
3.
FLASHCARD QUESTION
Front
What role does comparison play in making choices?
Back
Comparison allows individuals to evaluate the pros and cons of different options, facilitating informed decision-making.
4.
FLASHCARD QUESTION
Front
What is the significance of trade-offs in decision-making?
Back
Trade-offs involve sacrificing one option for another, highlighting the need to prioritize certain values or outcomes over others.
5.
FLASHCARD QUESTION
Front
How can biases affect preferences?
Back
Biases can distort preferences by leading individuals to favor certain options based on irrational factors rather than objective evaluation.
6.
FLASHCARD QUESTION
Front
What is the difference between subjective and objective preferences?
Back
Subjective preferences are based on personal feelings and opinions, while objective preferences are based on measurable criteria and facts.
7.
FLASHCARD QUESTION
Front
How do cultural factors influence preferences?
Back
Cultural factors shape preferences by instilling values, norms, and expectations that guide individual choices and behaviors.
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