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Question
according to prospect theory, would a person rather gamble $2 with the possibility of winning $4, or gamble 50 cents with the possibility of winning $1? why?
a.$2, because the person could possibly win a greater amount of money
b.$2, because the person will ignore the possibility of losing more money
c.50 cents, because the person can lose only a small amount of money
d.50 cents, because the person will not mind being able to win only a little money
Answer
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