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Title: Which of the following evidence does NOT support the expected utility theory? Post by: sophiegiu on Nov 24, 2018 Which of the following evidence does NOT support the expected utility theory?
A) People assign disproportionately high weights to rare events. B) Risk-averse people do not engage in fair bets. C) Risk-loving people do not purchase insurance policies. D) Risk-neutral people engage in fair bets. Title: Which of the following evidence does NOT support the expected utility theory? Post by: spsjr15 on Nov 24, 2018 Content hidden
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