Asked by zachary ahmed on May 01, 2024

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Professor Pegler's research efforts focus on how the use of heuristics influences the way people assess financial risks.Which specialty area is he most interested in studying?

A) development
B) biology
C) cognition
D) personality

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Financial Risks

The possibility of losing financial investment due to various factors including market volatility, inflation, and other economic conditions.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making, not always perfectly accurate but useful for quick judgments.

  • Discern and evaluate how subjective biases and instinct influence evaluative processes and perception.
  • Recognize the impact of stereotypes and biases on social cognition and behavior.
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Mohamed ibrahimMay 01, 2024
Final Answer :
C
Explanation :
Professor Pegler's research focuses on how people process information and make decisions, which relates to the specialty area of cognition. A) Development focuses on changes over time in behavior and mental processes, B) Biology typically refers to the study of the brain and nervous system rather than decision-making processes, and D) Personality deals with individual differences in behavior and mental processes, which is not the main focus of Professor Pegler's research.