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Missing Answer of F5 Flashcards set 2

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

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October 17, 2015 at 3:16 pm #276880
Muhammad
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Dear Sir, The answer of the following question is missing!!!!!
What is the attitude to risk of a decision maker who uses the expected value approach?
October 17, 2015 at 3:27 pm #276883
John Moffat
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You really should watch our free lectures – they are a complete course for Paper F5 and cover everything you need to pass the exam well.
As you will find in the lecture on decision making under uncertainty, the answer is that they are risk neutral.
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