Which of the Following Is a Possible Critique of the Decision

question 144

Multiple Choice

Which of the following is a possible critique of the decision theory under uncertainty presented in the text?

• A) People do not always know the "true" probability of complicated events.
• B) Decision theory assumes that people are good at math.
• C) Decision theory assumes that people face the same situation (uncertainty) repeatedly.
• D) People are not risk averse.