If a Decision Maker Chooses an Option That Leaves Him

question 26

Multiple Choice

If a decision maker chooses an option that leaves him or her worse off than choosing another available option,he or she is:

• A)using bounded rationality.
• B)basing the decision on risk aversion.
• C)making an irrational decision.
• D)making a rational decision.

---

Definitions:

Medication

A substance used for medical treatment, especially for treating or preventing disease.

Bladder Catheterization

A medical procedure involving the insertion of a catheter into the bladder to drain urine.

Lidocaine Lubricant

A medical product combining the properties of a lubricant with the local anesthetic effects of lidocaine, often used in medical procedures.