What Does Prospect Theory Assert

question 41

Multiple Choice

What does prospect theory assert?

• A)Individuals seek to uncover all the costs and benefits associated with foreign policy options.
• B)Individuals weigh options based on how the choices are framed.
• C)Individuals misperceive the intentions of others, which biases their decisions.
• D)Individuals are able to learn lessons from history and thereby improve their decision-making skills

---

Definitions:

Union

A mathematical operation in set theory denoting the set of all distinct elements that are in either of two or more sets.

Sample Space

The set of all possible outcomes or results that can occur from a specific statistical experiment.

Sample Space

The set of all possible outcomes or events in a probability experiment.

Sample Point

An individual element or possible outcome in a sample space, representing a possible result of an experiment or trial.