Business
Business, 03.03.2020 18:17, ethanw8973

refers to how people make decisions in a lottery or with uncertainty. People do not generally make expected value decisions. They tend to overweight unlikely outcomes and underweight more likely events. a. Heuristicsb. Rational decision makingc. Prospect theory

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refers to how people make decisions in a lottery or with uncertainty. People do not generally make e...

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