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Too many angles combine

Prospect theory > risk seeking / risk avoiding behaviour


Prospect theory is multi dimension , comparing a certainty with a
gamble, when do I take gamble, instead of taking certainty. Trade of
- too many uncertainity in the design
- choosing a certainty
Less risk avoidance
Newsvendor model is not a choice , so cancel out newspaper
- clearly be able to distinguish risk taking behaviour
- cancel out malus
- introducing some certainties
- methodology will be sent to Ziengs
-coin flipping model would maybe require own participant
-

look for paper that seek for interaction efect


whether they take a risk or not

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