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10 asks you to practice calculating expected payoffs, a key component in finding Mixed Nash Equilibrium. Assignment 11 will use the results of Assignment 10
10 asks you to practice calculating expected payoffs, a key component in finding Mixed Nash Equilibrium. Assignment 11 will use the results of Assignment 10 as a way to assess your own appetite for risk. After everyone has submitted Assignment 11, I will tabulate the results and let the class know what their collective risk profile looks like.OPTION K: Keep the $10, do not buy a lottery ticket. Expected payoff (money left in your pocket) is $ [a]
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