cjones8793 cjones8793

06-02-2020
Social Studies

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A rational decision maker must choose between two alternatives. Alternative 1 has a higher EMV than Alternative 2, but the decision maker chooses Alternative 2. What might explain why this occurs?

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imustapha180 imustapha180

06-02-2020

Answer: Alternative 2 may have a higher expected utility.

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