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Using personal and/or professional experiences, how does prospect theory appear in your life? Using 1-2 examples of prospect theory actually affecting decisions you have made

Using personal and/or professional experiences, how does prospect theory appear in your life? Using 1-2 examples of prospect theory actually affecting decisions you have made discuss how you would change your these decisions?

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Answer Prospect theory proposed by psychologists Daniel Kahneman and Amos Tversky describes how individuals make decisions under uncertainty particula... blur-text-image

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