The fact that rational choosers are often risk-averse instead of expected-utility maximizers counts against the
A) precautionary principle.
B) engineering definition of risk.
C) distinction between objective and subjective risk.
D) None of the above

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The Answer of The fact that rational choosers are often risk-averse instead of expected-utility maximizers counts against the
A) precautionary principle.
B) engineering definition of risk.
C) distinction between objective and subjective risk.
D) None of the above

The Fact That Rational Choosers Are Often Risk-Averse Instead of Expected-Utility