According to Prospect Theory, Would a Person Rather Gamble $2

Multiple Choice

According to prospect theory, would a person rather gamble $2.00 with the possibility of winning $4.00, or gamble 50 cents with the possibility of winning $1.00? Why?

A) $2.00 because they could possibly win a greater amount of money
B) $2.00 because they will ignore the possibility of losing more money
C) 50 cents because they can only lose a small amount of money
D) 50 cents because they will not mind only being able to win a little money