The Blue Rooster Was a Restaurant near a Lake

Multiple Choice

The Blue Rooster was a restaurant near a lake.When super storm Sandy hit New Jersey,the lake overflowed and flooded the Blue Rooster.Because the restaurant had no flood insurance,it was never able to recover from the storm and closed a short time later.The owner's ______ led to the bad decision about flood insurance.

A) bounded optimization.
B) escalation of commitment.
C) risk propensity.
D) strategic maximization.
E) intuitive rationality.