Asked by karen morris on May 27, 2024
Verified
Suppose that Rachel sold one of her stocks last week and that the value of the stock has tripled since then. What a mistake! In which of the following cases is Rachel most likely to experience cognitive dissonance?
A) If she chose to sell the stock against her stockbroker's advice
B) If she chose to sell the stock because her friend suggested it
C) If she chose to sell the stock because her stockbroker suggested it
D) If she was on vacation last week and it was her husband who decided to sell the stock for her
Cognitive Dissonance
The psychological discomfort experienced when holding two or more contradictory beliefs, values, or ideas simultaneously.
Stockbroker
A professional who buys and sells stocks and other securities for clients in exchange for a fee or commission.
- Acknowledge the core concepts and effects of cognitive dissonance theory.
Verified Answer
AE
Alimaa ErdenebaatarMay 31, 2024
Final Answer :
A
Explanation :
Cognitive dissonance occurs when a person's beliefs or actions are inconsistent with each other, leading to discomfort. In option A, Rachel is likely to experience cognitive dissonance because she made a decision against professional advice, which resulted in a negative outcome (the stock's value tripling after she sold it). This situation directly pits her action (selling the stock) against the advice she received (to keep it), likely causing significant psychological discomfort.
Learning Objectives
- Acknowledge the core concepts and effects of cognitive dissonance theory.
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