In utility theory,a(n)__________________ decision maker is an individual who will choose the decision alternative having the highest expected profit.
A) high-risk
B) low-risk
C) risk-neutral
D) posterior

Question

Quizplus · Accepted Answer

A risk-neutral decision maker is focused on maximizing expected profit without taking into account potential risks or uncertainties. Therefore, they will choose the decision alternative with the highest expected profit, regardless of potential risks involved.

In Utility Theory,a(n)__________________ Decision Maker Is an Individual Who Will