A decision maker who gets less utility from a greater risk and avoids situations in which high
Question:
A decision maker who gets less utility from a greater risk and avoids situations in which high losses might occur is
a. indifferent to risk.
b. a risk seeker.
c. a risk avoider.
d. a rational decision maker.
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c a risk avoider Explanation A decision maker who gets less utility from a greater risk and avoids s...View the full answer
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Related Book For
Quantitative Analysis For Management
ISBN: 213168
12th Edition
Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna
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