Should BJ Carter decide to race or not to race?
A good answer will rely on case data to provide a quantitative solution: the expected values of racing vs. abstaining. A good response will also account for biases that can affect such a decision, even when data are presented
Behavioral strategy
Should BJ Carter decide to race or not to race? A good answer will rely on case data to provide a quantitative answer: the expected values of racing vs. abstaining. A good answer will also account for biases that can affect such a decision, even when data are presented.
Here, up to 75 points are awarded to an accurate presentation of the expected values, as instructed. Up to additional 25 points are awarded for identifying the biases that can affect such a decision, even when data are present.