15.10. a) Write down the equation of a utility function that corresponds to a risk-neutral decision maker.
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15.10.
a) Write down the equation of a utility function that corresponds to a risk-neutral decision maker. (Note:
there are many possible answers to this part and the next two parts.)
b) Write down the equation of a utility function that corresponds to a risk-averse decision maker.
c) Write down the equation of a utility function that corresponds to a risk-loving decision maker.
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