Answer:
Even though Edgar would be better off having $5 versus nothing, Edgar will likely see the offer as unfair and reject it
Step-by-step explanation:
Behavioural economists study the effects of emotional or psychological factors on the economic decisions of a person.
Edgar's emotional bias due to the feeling of being cheated in behavioural economics, would most likely result to his rejection of the offer, despite being better off with a profit from the deal.
