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But, as with any trade, there is the potential for regret.
When decisions – like whether or not to undergo a test – involve uncertainty, human beings care not just about statistical odds, but also about the potential for regret.
The potential for regret about the options not taken the faster car, the hotel with the better view—seems to be greater in the face of multiple choices.Expectations have been inflated to such an extent that people think the perfect choice exists, argues Renata Salecl in her book "Choice".
Women's views of the personal relevance and perceived accuracy of online information create the potential for regret, for example women may select ERCS over trial of labour and later encounter a sense of failure and dissatisfaction as a result [ 24].
Borrowing from Economics, the portfolio theory focuses on the "individual's perception of his or her resources, ability to produce future resources, diversification, emphasis on maximization of rewards or minimization of costs, potential for regret, hedonic utility for gains and losses, and risk-tolerance" (Leahy 2001, p. 343).
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When neither outside option is known, we show that the potential for regret-free implementation is much more limited, unless the budget balance condition is relaxed to permit money-burning in the case of false reports.
Such faith that karma will mete out punishment with mathematical certainty may work against the potential for remorse, regret or reconciliation.
This includes the unnecessary loss of a lower limb, the possible surgical and anesthetic risks, and the potential for the patient to regret the decision at a later stage.
Re "It's Got a Good Beat, but Where's the Cover?" (Nov. 6), on the decline of album art and the potential for digital offshoots online: I regret that the article discussed this issue only in terms of popular music.
Careers, then, may be fertile grounds for regret due to so many potential directions.
— The Chinese character for "Regret".
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