Is Utility Theory an Accurate Description of Human Decision Making

question 129

Multiple Choice

Is utility theory an accurate description of human decision making? If it is not, why not?

• A) Yes, it is an accurate description of human decision making.
• B) No. People don't consider the risks associated with each option.
• C) No. People are influenced by factors in addition to those described by utility theory, such as the way the options are described.
• D) No. Utility theory doesn't incorporate the desirability of each option as a factor in decision making.

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Definitions:

Abduction

The movement of a body part away from the midline of the body, such as moving an arm or leg sideways.

Adduction

The movement of a body part toward the central axis of the body or toward another body part, such as bringing the fingers together.

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A diet that includes a variety of foods in the right proportions to provide all necessary nutrients for good health.

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Organized sessions where individuals perform yoga, a series of postures and breathing exercises for health and relaxation.