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10. Rebecca is in an experiment for transcribing the Chinese letter box. She will earn 10 tokens for each box she transcribes. With probability
10. Rebecca is in an experiment for transcribing the Chinese letter box. She will earn 10 tokens for each box she transcribes. With probability 50%, She will earn one Yuan for each token She earns. With probability 50%, She will earn a fixed payment of L = 120 Yuan regardless of the number of tokens She earn. The disutility of transcribing e boxes is e. Suppose Rebecca is reference dependent over money. Her utility over money is: u = = [ [[w(m) + v(m r)]dF(m)dG(r) m Where m is the amount of Yuan she earned. F(m) is the objective distribution of earnings (50% of piece rate, 50% of fixed payment). G(r) is the distribution of the reference point, as specified in each sub-question. and (m) = m mr, if m> r v(m-r) = [2(m r), if m
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