Economy, asked by ktone03, 10 months ago

what is the shape of the value function in prospect theory

Answers

Answered by snigdhanayak774

Answer:

The value function that passes through the reference point is s-shaped and asymmetrical. The value function is steeper for losses than gains indicating that loss.

Explanation:

Mark as brainliest

Previous Question

Next Question

Similar questions

Math, 5 months ago

find the distance between the following points: (1,2);(-5,-6)...

Math, 5 months ago

find the circumference of the circle, whose (a) radius =7mm...

Science, 5 months ago

smallest lenths are measured in option (a) centimetre (b) metre (c) millimetre ...

Math, 10 months ago

Write the set in set-builder notation. {1, 3, 5, 7, 9, 11, ... , 49}...

Science, 10 months ago

sorting out of things to group is called...

English, 1 year ago

a cat has really more character than most human beings.(chang the degree of comparison)...

Math, 1 year ago

a train 250m takes 50s to cross350m long platform how much time will it take to cross 230m long platform...

Political Science, 1 year ago

features of nondemocratic government...