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AndrewKraus AndrewKraus
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7 years ago
An individual receives $100 if the outcome of a coin toss is heads. If the outcome of the coin toss is tails, he loses $50. If the individual weights future loses by a special factor of 2, what is the psychological value of this coin toss?
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Microeconomics

Microeconomics


Edition: 1st
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losteinlostein
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7 years ago
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AndrewKraus Author
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#2
7 years ago
I'll share this with my friends, thank you for being there
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