Research by Daniel Kahneman and Amos Tversky shows that
A)when people view a problem as a choice between losses, they tend to make conservative decisions.
B)when people view a problem as a choice between gains, they tend to make risky decisions.
C)when people view a problem as a choice between losses, they tend to make risky decisions.
D)when people view a problem as a choice between losses, they tend to make poor decisions.
E)when people view a problem as a choice between losses, they tend to make better decisions.

Question

Quizplus · Accepted Answer

Kahneman and Tversky's Prospect Theory suggests that when people are faced with a choice between losses, they are more likely to take risks to avoid those losses.

Research by Daniel Kahneman and Amos Tversky Shows That