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Author Question: The certainty effect shows that (Read 196 times)

rachel9

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on: Mar 14, 2021
The certainty effect shows that
◦ people are overconfident about their choices.
◦ people prefer certain outcomes to uncertain outcomes even when the expected value of the uncertain outcome is lower.
◦ people prefer certain outcomes to uncertain outcomes even when the expected value of the uncertain outcome is higher.
◦ people prefer certain outcomes to uncertain outcomes even when the expected values are the same.
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
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Marked as best answer by rachel9 on Mar 14, 2021

jaymee143

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Reply #1 on: Mar 14, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rachel9

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Reply 2 on: Mar 14, 2021
Great answer, keep it coming :)

meganmoser117

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Reply 3 on: Yesterday
Excellent

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