Question: Behaviorists have pointed out that when subjects are given a choice between a sure - thing option of $ 8 0 0 and a gamble
Behaviorists have pointed out that when subjects are given a choice between a surething option of $ and a gamble with an expected value of $ a substantial majority chose the surething, which goes against the theory of rational choice. McKenzie and Lee in chapter argue that the choice is problematic because
Group of answer choices
the subjects were not given feedback on the allocation of choices of other subjects.
the subjects were not given time to carefully consider the expected value of both options.
the subjects were not given time to devise entrepreneurial means of picking up money being left on the table by the distribution of the announced choices.
All of the above
None of the above
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