You and your friend Jamal have identical tastes. At 2 p.m., you go to the local Ticketmaster outlet and buy a nonrefundable $30 ticket to a basketball game to be played that night in Syracuse, 50 miles north of your home in Ithaca. Jamal plans to attend the same game, but because he cannot get to the Ticketmaster outlet, he plans to buy his ticket at the game. Tickets sold at the game cost only $25 because they carry no Ticketmaster surcharge. (Many people nonetheless PROBLEMS ®

pay the higher price at Ticketmaster, to be sure of getting good seats.) At 4 p.m., an unexpected snowstorm begins, making the prospect of the drive to Syracuse much less attractive than before (but ensuring the availability of good seats). If both you and Jamal are rational, is one of you more likely to attend the game than the other? (LO2)