Author Question: A duplex gamble is used to study the attractiveness of different gambles because it allows the ... (Read 21 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
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

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

For a complete list of videos, visit our video library