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4. Jane has two identical antique tea kettles for sale. Jill offers Jane $200 for the first tea kettle. Jill and Jane then proceed to
4. Jane has two identical antique tea kettles for sale. Jill offers Jane $200 for the first tea kettle. Jill and Jane then proceed to make counteroffers until they settle on a final price of $270. Bill offers Jane $300 for the second tea kettle. Bill and Jane then proceed to make counteroffers until they settle on a final price of $340. The fact that the final price for Bill ended up being higher than the final price for Jill might reflect what decision making issue? Group of answer choices A. risk aversion B. loss aversion C. anchoring D. hot hand fallacy E. gambler's fallacy
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