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1. A risk-averse person would prefer C: a - $55!] E35h D b - A gamble that gives $0 with 513% chance and $1130 1with

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A risk-averse person would prefer C: a - $55!] E35h D b - A gamble that gives $0 with 513% chance and $1130 1with 513% chance Which of the following is an interpretation of utility? O a - Measurement of wealth O b - Personal value O c - Value to society O d - All of the aboveIn public good games in which contributors are allowed to punish non-contributors at some personal cost, the game-theoretic prediction is that there will be no punishment. O True O FalseEthnocentric behavior attitudes include seeing ones own standards of value as universal. True O FalseEthnocentric behavior implies O a - cooperation towards members of one's own group O b - non-cooperation towards members of one's own group O c - non-cooperation toward members of other groups O d - Both b & c O e - Both a & c

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