Asked by

Joshua Grant
on Oct 29, 2024

verifed

Verified

Suppose a friend asks for a loan of $100, which you refuse. He then asks for a loan of $25. What is the likely outcome?

A) You are more likely to refuse the second request than if you had not been asked for the first.
B) You are more likely to grant the second request than if you had not been asked for the first.
C) There will be no effect of the first request on the probability of your granting the second.
D) The first and second requests will yield the same probability of acceptance or refusal.

Reciprocal-Concession Effect

A psychological principle where individuals feel compelled to make concessions to others when concessions are made to them, particularly in negotiation contexts.

  • Understand the principles of social influence, including reciprocity, social facilitation, and social loafing.
verifed

Verified Answer

LC
Liraz ChassidNov 01, 2024
Final Answer:
Get Full Answer