Question
John and Parker have just been informed by email that they have received a bonus due to their hard work: John is going to receive
John and Parker have just been informed by email that they have received a bonus due to their hard work: John is going to receive $1,000 and Parker is going to receive $1,500. However, a couple of minutes later Parker is informed that the previous email had the wrong information and the amount of bonus he is actually going to receive is $1,000, just like John. According to prospect theory,
Group of answer choices Parker is going to feel good that he has received the same bonus as John.
Parkers pain of losing $500 is going to be twice or three times as strong as Johns joy to receive $1,000.
Parkers pain of losing $500 is going to be less intense than Johns joy to receive $1,000.
Parkers pain of losing $500 is going to be as strong as Johns joy to receive $1,000.
Parker is going to gamble his $1,000 as individuals tend to be more risk-seeking over losses.
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