Question: Which one of these statements about the value function described in prospect theory is false? a. The value function is concave for gains b. The

Which one of these statements about the value function described in

Which one of these statements about the value function described in prospect theory is false? a. The value function is concave for gains b. The value function is convex for losses C. The value function is steeper for gains than it is for losses O d. The value function passes through 0

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