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Consider Susan, who has projection bias using the formula given in class. Assume that Susan has an alpha parameter equal to .8. Susan is a
Consider Susan, who has projection bias using the formula given in class. Assume that Susan has an alpha parameter equal to .8. Susan is a worker at a company and gets offered a choice between two tasks later in the week. One task is hard (H), and one task is easy (E). She gets the following utilities: U(H) if tired = -3 U(H) if rested = 5 U(E) if tired = 1 U(E) if rested = 2
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