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Don't answer it if you are lack of the background knowledge in Behavior Economics. 2. Consider an individual whose behavior follows the cumulative prospect theory
Don't answer it if you are lack of the background knowledge in Behavior Economics.
2. Consider an individual whose behavior follows the cumulative prospect theory with the probability weighting function (p) - po (100 + (1 - p)')}} in which d= 0.69, and the value function vs(x) = { VX, if x > 0 -2-3, if x 0 -2-3, if xStep by Step Solution
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