Half-semester test, 7th May, 9:15 - Group 1

Please rememeber that you have 35 minutes to write the test. You should not submit the task after 9:50.

1. Provide your own example of the effects of group polarization on decision making. In your opinion, can this mechanism have any positive consequences?
2. Give examples of how mental accounting helps people to feel good about their money spending.
3. Describe the main differences between the Eastern holistic and the Western analytic decision-making style. Provide examples of ways in which Westerners could benefit from adopting elements of the Eastern approach.