Question: 7. The basic experiment that Tvesky and Kahneman (1992) showed that he asked how much you need to gain that worth a loss of $10

 7. The basic experiment that Tvesky and Kahneman (1992) showed that

7. The basic experiment that Tvesky and Kahneman (1992) showed that he asked how much you need to gain that worth a loss of $10 when one fair coin flipped. The answer was supporting the idea because most of them said more than $20. What kind of information does the sentence cover in terms of prospect theory. You can exercise the value function graph if you want. (6pts)

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