16. constant risk aversion and value of information Repeat problem 15 above for the case where Ralph’s utility is negative exponential, U(w) = −exp(−ρw) with ρ = .001. (Hint: when deriving the most Ralph would pay for the information it is easiest to convert the no information and information cases to certainty equivalents and then take the difference. This short cut depends on constant risk aversion; see the following problem.)