Prospect theory is based on behavioral economists' understanding of how people what?     react to good things (or gains) and bad (or losses).     make predictions about their future income.     search for job prospects or business prospects.     behave under stressful conditions.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter3: Preferences And Utility
Section: Chapter Questions
Problem 3.6P
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Prospect theory is based on behavioral economists' understanding of how people what?
   
react to good things (or gains) and bad (or losses).
   
make predictions about their future income.
   
search for job prospects or business prospects.
   
behave under stressful conditions.
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