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Prove to the management that you have bought a ticket

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Reference no: EM132398269

  1. You've decided to see a Broadway play and bought a $40 ticket. As you enter the theatre, you realize you've lost your ticket. You can't remember the seat number, so you can't prove to the management that you have bought a ticket. Would you spend $40 for a new ticket?
  2. You've reserved a seat for a Broadway play, for which the ticket is $40. As you enter the theatre to buy your ticket, you discover you've lost $40 from your pocket. Would you still buy the ticket? (Assume you have enough cash left to do so)
  3. Imagine you have operable lung cancer and must choose between two treatments: surgery and radiation. Of 100 people having surgery, 10 die during the operation, 32 (including those original 10) are dead after a year, and 66 are dead after 5 years. Of 100 people having radiation therapy, none dies during treatment, 23 died after I year, and 78 after 5 years. Which treatment would you prefer?

Reference no: EM132398269

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