Normative Decision Theory Is Unlikely to Provide a Good Explanation

Multiple Choice

Normative decision theory is unlikely to provide a good explanation of gambling because:

A) People do not make decisions when they are gambling, they are just on 'autopilot'
B) It is concerned with irrational decisions
C) The theory would not predict people would gamble in the first place because the odds are against them
D) All of these answers
E) The theory is relatively new and needs further refining