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joblessjake

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Behavioral economics under uncertainty documents that
 
  A) people's behavior often differs from what standard expected utility theory predicts.
  B) people's behavior can change with their circumstances.
  C) people might put considerable weight on certain outcomes.
  D) All of the above.

Question 2

What is one reason a gambler might bet 1,000 that a sixteenth seed team will win the NCAA basketball tournament?
 
  A) irrationality
  B) overconfidence
  C) exuberance
  D) gambler's fallacy


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Carissamariew

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joblessjake

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Reply 2 on: Jul 1, 2018
Excellent


Jossy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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