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Two Scenarios Are Written in Which the Probability of Loss

Question 82

Multiple Choice

Two scenarios are written in which the probability of loss and gain is the same.Scenario A is written so that the gain is emphasized,and Scenario B is written so that the loss is emphasized.People will almost always choose Scenario A. This outcome is predicted by one component of:


A) prospect theory
B) framing theory
C) normative models
D) descriptive models

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