In light of the prospect theory as an alternative model for the expected utility theory for decision making under risk, you have a choice between the following prospects: A: 80% chance of losing $4,000 100% chance of losing $3,000 1) Based on expected utility theory, a rational investor should select B: a 2) According to the prospect theory, investors are most likely to select Now between these two prospects D: a C: an 80% chance of winning $4,000 100% chance of winning $3,000 3) Based on expected utility theory, a rational investor should select 4) According to the prospect theory, investors are most likely to select 5) According to your answers in 2 and 4 above, effect explains this behaviour D C isolation certainty reflection