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Author Question: Our tendency to choose certainty over ambiguity was demonstrated with the _____________. a. ... (Read 21 times)

theo

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on: Jun 20, 2018
Our tendency to choose certainty over ambiguity was demonstrated with the _____________.
 
  a. Ellsberg paradox c. Allais paradox
  b. Simon paradox d. judgment heuristic

Question 2

When presented in isolation, the gambles used by Ellsberg produced ______________.
 
  a. no effects of ambiguity c. increased effects of ambiguity
  b. moderate ambiguity effects d. significant ambiguity effects


lindahyatt42

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

Answer: b

Answer to Question 2

Answer: a


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