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Solve the following linear programming problem using the corner point method:
Loss Aversion
In prospect theory, the property of most people’s preferences that the pain generated by losses feels substantially more intense than the pleasure generated by gains.
Behavioral Economics
A field of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect economic decisions of individuals and institutions.
Loss Aversion
A cognitive bias where individuals fear losses more than they value equivalent gains.
Company Retirement
Often related to the benefits or pension schemes planned for employees after they retire from a company, differing from mandatory retirement policies.
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