Re: Beat: I missed a question on my Economics Final b/c of gambler min
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B and C are the correct answers (not leveling). just because a person turns down a +ev gamble doesn't mean he/she is irrational.
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Uhhh
a) You are irrational
b) You are risk-loving
c) You are risk-averse
d) You are risk-neutral.
You turn down the bet b/c you are risk loving and risk averse? How can b&c be correct.
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