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Investor behavior in realit Preferences: choose a and B A: sure gain of 240,000 B 10000pohy0.25 with probabilty 0.75 · Choose c or d C sure loss of 750.000 D: J0 with probability 0. 25 1000ol05Investor Behavior in Reality • Preferences: choose A and B: • A: sure gain of 240,000; • • B: • Choose C or D • C: sure loss of 750,000 • • D: ⎩ ⎨ ⎧ 0 0.75 1000,000 0.25 with probabilty with probability ⎩ ⎨ ⎧ 1000000 0.75 0 0.25 with probaility with probability
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