Examlex

Solved

In One Version of a Classic Study by Tversky and Kahneman

question 66

Multiple Choice

In one version of a classic study by Tversky and Kahneman (1981) , people are presented with the option between Treatment A that will kill 400 of 600 people, versus Treatment B with a one-third probability that nobody will die and a two-thirds probability that everyone will die. Which treatment do the study results suggest people typically choose?


Definitions:

Air Circulators

Devices used to move air in a room or space effectively, often improving ventilation and comfort.

Selling Price

The amount of money charged to a customer for a product or service.

Dangerous Fumes

Hazardous gases or vapors that can cause harm or discomfort to individuals when inhaled.

Large Rotating Air Circulator

A device, often referred to as a fan, that moves air around a room or space to provide cooling.

Related Questions