What is thedifferencebetweencertainty andpossibilityeffect? What isProspectTheory?If you do thelottery and theygive you yourchanges to win.Would that bepossibility orcertainty effect?Free!Is it true/ false thatprospect Theorymeans you will winmore and lose thesame amount?What isthecertaintyeffect?What usthepossibilityeffect?What effecttalks aboutpeople possiblegains or losesin situation? is it true/falsethat expectedutility the sameas possibilityeffect?What is thedifferencebetweencertainty andpossibilityeffect? What isProspectTheory?If you do thelottery and theygive you yourchanges to win.Would that bepossibility orcertainty effect?Free!Is it true/ false thatprospect Theorymeans you will winmore and lose thesame amount?What isthecertaintyeffect?What usthepossibilityeffect?What effecttalks aboutpeople possiblegains or losesin situation? is it true/falsethat expectedutility the sameas possibilityeffect?

Criticisms Of Expected Utility - Call List

(Print) Use this randomly generated list as your call list when playing the game. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. N-What is the difference between certainty and possibility effect?
  2. I-What is Prospect Theory?
  3. N-If you do the lottery and they give you your changes to win. Would that be possibility or certainty effect?
  4. B-
  5. B-Free!
  6. N- Is it true/ false that prospect Theory means you will win more and lose the same amount?
  7. B- What is the certainty effect?
  8. I- What us the possibility effect?
  9. B-What effect talks about people possible gains or loses in situation?
  10. I-is it true/false that expected utility the same as possibility effect?