Objective Decision Making – more
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?