Are You A Biased Decision Maker? part 3

• Li Ka Shing

  29 Oct 05, 16:53

  Imagine you face the following choices and has to make decisions:
  
  Decision 1.
  
  Choose between:
  A. a sure gain of $240
  B. a 25% chance of winning $1000 and 75% chance of winning nothing
  
  Decision 2.
  
  Choose between:
  C. a sure loss of $750
  D. a 75% chance of losing $1000 and 25% chance of losing nothing
  
  Decision 3.
  
  Choose between:
  E. a sure loss of $3000
  F. a 80% chance of losing $4000 and 20% chance of losing nothing
  
  What would your answers be?
• renorenal

  29 Oct 05, 17:00

  ADF
  
  I prefer to lose by chance and win by definite...
• Ito_^

  29 Oct 05, 17:06

  ACE
• mystiv

  29 Oct 05, 17:17

  depends on my financial, but it would most probably be ADF
• Li Ka Shing

  29 Oct 05, 18:04

  And what would your choices tell about u?
  
  Have you been a biased decision maker?
  
  (Supposedly that's the moral of the story hehe..)