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In economic phrases, this conflicted conclusion could be modeled for a trade-off involving the result utility attained by hedging (e.g., revenue) along with the diagnostic charges it incurs (e.g., disloyalty). individuals make inferences regarding their beliefs and id from their conduct. If someone is unsure about an facet of their id, like the extent to which they values a prospect or team, hedging could signal to him or her that he or she is not really as devoted to that applicant or crew as she or he originally believed. If the diagnostic price of this self-sign as well as the resulting identity change are considerable, it may outweigh the outcome utility of hedging, and he / she may perhaps reject even extremely generous hedges.[59]
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scenarios where by the achievable return is of secondary value on the wager/invest in (e.g. coming into a raffle in assistance of a charitable induce)
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