Question
Assume yourself richer by $300 than you are today.You have to choose between 1.A sure gain of $100 2.A 50% chance to gain $200 and
Assume yourself richer by $300 than you are today.You have to choose between
1.A sure gain of $100
2.A 50% chance to gain $200 and a 50% chance to gain nothing
What do you pick, 1 or 2?
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Inflation, Unemployment And Capital Malformations
Authors: Bernard Schmitt, Xavier Bradley, Alvaro Cencini
1st Edition
0429767064, 9780429767067
