An Important Finding of Prospect Theory Suggests That Individuals

question 82

Multiple Choice

An important finding of prospect theory suggests that individuals

• A) are more willing to take risks to achieve a gain than to avoid a loss.
• B) are unable to make a rational decision in a moment of crisis.
• C) never waver from the way cost-benefit decisions are made.
• D) are more willing to take risks to avoid a loss than to achieve a gain.

---

Definitions:

Symbolized Categorical Statement

A logical statement that uses symbols to represent categorical propositions, typically involving qualifiers such as all, some, or no.

Categorical

Pertaining to categories, absolutes, or conditions that are explicit and unconditional, often used in logic to describe propositions that are universally true or false.

Symbolized

Represented or expressed with symbols or symbolic meaning.

Symbolized Categorical Statement

A categorical proposition expressed using symbols to denote its logical structure and relationship.