Monthly Archives: October 2018

Objective Decision Making – more

By | October 1, 2018

Imagine that you face the following pair of concurrent decisions. First examine both decisions, then make your choices.
Decision (i): Choose between
A) Sure gain of $240
B) 25% chance to gain $1,000 and 75% chance to gain nothing
Decision (ii): Choose between
C) sure loss of $750
D) 75% chance to lose $1,000 and 25% chance to lose nothing
What’s your decision?