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4 Cards in this Set
- Front
- Back
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Prospect Theory: When someone makes decisions based on potential gains instead of potential losses. They value them differently |
When someone makes decisions based on potential gains instead of potential losses. They value them differently |
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Mental Accounting |
When someone placesdifferent values on the same amount of money. |
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Capital Cost depreciation |
Equiptment 4% 1st year, 8% after Passenger vehicles - 30% building - 6% first year , 4% after |
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Assuris insurance |
100% on threshhold then 85% after |
