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Which of the following describes an individual who evaluates prospects using the S-shaped value function hypothesized by Kahneman and Tversky in their Prospect Theory (see
Which of the following describes an individual who evaluates prospects using the S-shaped value function hypothesized by Kahneman and Tversky in their Prospect Theory (see picture above)? Select all that apply. Risk loving for gains Risk neutral for gains Risk averse for gains : Risk loving for losses _ Risk neutral for losses Risk averse for losses Loss averse Loss loving
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