Is someone who acts as described in prospect theory always more likely or less likely to take

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Is someone who acts as described in prospect theory always more likely or less likely to take a gamble than someone who acts as described by expected utility theory? Why? Are there conditions (such as on the weights) where you can answer this question definitively?

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Strategic Management For Hospitality And Tourism

ISBN: 9780750665223

1st Edition

Authors: Fevzi Okumus Levent Altinay Prakash Chathoth

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