× Didn't find what you were looking for? Ask a question

Recent Posts • Latest Topics • Unanswered Questions

In general, people try to avoid losses when making a decision. Explain why this

colleen

wrote...

Valued Member

Posts: 17076

Rep:

13 years ago

In general, people try to avoid losses when making a decision. Explain why this

In general, people try to avoid losses when making a decision. Explain why this cognitive bias may affect a person’s decision about accepting or rejecting various aspects of medical treatment.

Read 1377 times

1 Reply

Report

Sunshine ☀ ☼

Related Topics

Replies

ThePsychic

wrote...

Valued Member

13 years ago

Avoiding loss refers to the tendency to respond more cautiously when a choice is framed in terms of the risk of losing something compared to when the same choice is framed in terms of the chance to win or gain.
Medical treatment decisions are commonly presented to us in terms of their potential risks.
For example, literature distributed with prescription medications describes the probabilities of various negative side effects.
These descriptions are stated as possible risks rather than possible gains. For example, 3 of 100 people will get an ulcer rather than 97 of 100 people will not get an ulcer.
Similar probabilities of successful treatment are usually not presented.
People tend to be biased against such statements and may reject the medication.

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

440 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

235

736

586

Your Opinion

Previous poll results: Which of the following is the best resource to supplement your studies:

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2025 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.