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Author Question: A duplex gamble is used to study the attractiveness of different gambles because it allows the ... (Read 61 times)

Diane

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on: Jun 20, 2018
A duplex gamble is used to study the attractiveness of different gambles because it allows the experimenter to independently manipulate
 
  a. the amount won and the amount lost.
  b. the probability of winning and the probability of losing.
  c. the probability of winning and the amount won.
  d. the probability of losing and the amount lost.

Question 2

Subjective expected utility differs from expected values because it uses
 
  a. probabilities. c. Both probabilities and values
  b. values. d. Neither probabilities nor values


Amiracle

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Reply #1 on: Jun 20, 2018
Answer to Question 1

B

Answer to Question 2

D


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