Illustrate using two states of the world

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Reference no: EM132868318

Question: You'll often hear statements in the financial news such as "the high stock market price index indicates high consumer confidence in the economy" . Make sense of this in terms of SEU theory: how can the statement be recast in terms of the notions of beliefs and "choices reveal beliefs"? Illustrate using two states of the world (good economy, bad economy).

Reference no: EM132868318

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