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.

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Definitions:

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Meta-analytic Studies

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