This Is Gamble 1: Do You Prefer a Sure Win

question 34

Multiple Choice

This is gamble 1: do you prefer a sure win of $5 or a 75% chance to win $8? This is gamble 2: in the first stage, you have an 80% chance to end the game with no prize and a 20% chance to move to the second stage. Before completing the first stage, you must select one of the following second-stage choices: do you prefer a sure win of $5 or a 75% chance to win $8? This is gamble 3: do you prefer a 20% chance to win $5 or a 15% chance to win $8? Which two of the preceding gambles are identical?

• A) gamble 1 and 2
• B) gamble 2 and 3
• C) gamble 1 and 3

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Definitions:

Epinephrine

A hormone and neurotransmitter also known as adrenaline, responsible for the fight-or-flight response in mammals.

Norepinephrine

is a neurotransmitter and hormone important in the body's response to stress and regulation of mood, attention, and arousal.

Acetylcholine

A neurotransmitter involved in many functions including muscle movement and memory formation.

Endorphins

Endorphins are neurotransmitters produced by the brain that act as natural painkillers and mood enhancers, often released during stress and physical activity.