A heuristic often used when people face a complex financial decision is the 1/n rule, which implies that

A.

individuals will play lottery games because they focus myopically on the size of million-dollar prizes without stopping to calculate the expected payoff.

B.

people may not realize it, but their heuristic behavior leads them to diversify their savings quite effectively.

C.

almost all the financial decisions people make are uneventful, yet it takes only one rare stupendous outcome to be comfortable for life (you cant win if you dont play).

D.

pension plan participants spread their contributions in equal portions across the pension fund options available to them without regard for principles meant to achieve optimal portfolio outcomes.