Suppose One Group of People Is Asked to Imagine That

question 17

Multiple Choice

Suppose one group of people is asked to imagine that, having previously purchased a ticket for $10, they arrive at the theater to discover they have lost their ticket, and a second group of people is asked to imagine that they arrive just before the performance to buy a ticket and find they have lost $10 from their wallets. According to the rational choice model, which group should be more likely to say they would still attend the performance?

• A)The lost ticket group
• B)The lost $10 group
• C)Both groups should be equally likely to say they would attend.
• D)Neither group should be interested in attending the performance.