QUESTION: You have a choice between (a) predicting the roll of a six-sided die, with a $3,000
Question:
QUESTION: You have a choice between
(a) predicting the roll of a six-sided die, with a
$3,000 prize for a correct answer, or
(b) taking a sure $750. You decide to roll the die. Is your choice evidence of risk aversion or risk-taking?
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