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Which of the Following Is a Possible Critique of the Decision

Question 25

Multiple Choice

Which of the following is a possible critique of the decision theory under uncertainty presented in the text?


A) People do not always know the "true" probability of complicated events.
B) Decision theory assumes that people are good at math.
C) Decision theory assumes that people face the same situation (uncertainty) repeatedly.
D) People are not risk averse.

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