Author Question: A duplex gamble is used to study the attractiveness of different gambles because it allows the ... (Read 56 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?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library