Psychologists have found that people who make decisions that turn out badly blame themselves more when that decision was unconventional. The name for this phenomenon is
A) regret avoidance.
B) framing.
C) mental accounting.
D) overconfidence.
E) obnoxicity.

Question

Quizplus · Accepted Answer

Regret avoidance is a psychological phenomenon where individuals tend to make decisions in a way that minimizes the potential for regret, especially in situations where an unconventional choice leads to a negative outcome. This leads to a tendency to blame oneself more for bad outcomes of unconventional decisions, as these decisions are seen as more avoidable or regrettable in hindsight.

Psychologists Have Found That People Who Make Decisions That Turn