Making Many Risky Bets

question 35

Multiple Choice

Making many risky bets

• A)reduces your expected value.
• B)is called risk-pooling and can reduce risk.
• C)is irrational.
• D)is called risk pooling and increases your expected value.

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Definitions:

Psychotherapy

A form of treatment aimed at improving mental health and well-being through talking with a psychologist or other mental health professional.

Control Group

In an experiment, the group that does not receive the treatment under study and is used as a benchmark to measure how the other tested subjects do.

Emotional Flatness

A condition or state where a person shows minimal emotional expression or feelings.

Antipsychotic Drugs

Drugs used primarily in the treatment of schizophrenia and other psychotic disorders; they are often used off-label and inappropriately for other disorders such as dementia and impulsive aggressiveness.