According to Kahneman and Tversky's
(1984) prospect theory
An individual will be happier when they
o win 600 rupess than when they lose
1,200 rupees
An individual will be be less happy to win
O 50,000 rupees than sad when she lose
50,000 rupees
An individual will be relatively happier
when they win cash prizes instead of
objects such as cars
O
An individual will never feel happiness
because of winning lottery money since
they did not work for it and received it by
chance.
Answers
Answer:
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