Prospect Theory
Interactive Video
•
Business
•
University
•
Hard
Wayground Content
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
In a scenario with equal probabilities of gains and losses, what do people prefer according to prospect theory?
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain why individuals might make different decisions in loss avoidance scenarios compared to maximizing gain scenarios.
Evaluate responses using AI:
OFF
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