Prospect theory was proposed by:
A. John Nash.
B. Milton Friedman and George Stigler.
C. Amos Tversky and Daniel Kahneman.
D. Gary Becker.
C. Amos Tversky and Daniel Kahneman.
You might also like to view...
Spending VCU4 on real-world goods and services causes the nation's:
a. M2 money supply to remain the same. b. M2 money supply to rise. c. M2 money multiplier to rise. d. M2 money supply to fall.
An individual supply schedule is usually shown on a ______.
a. table b. graph c. pie chart d. Venn diagram
If the price elasticity of demand is 2.5, then a 40 percent decrease in the price of the good will lead to a _______ percent increase in the quantity demanded
a. 22.5 b. 66.7 c. 150.00 d. 100.00
The price of the stock divided by the profits per share of stock is known as the
A) price-earnings ratio. B) dividend. C) yield in percent per year. D) number of shares traded during the day.