1.3 Risk sharing Sagar, an entrepreneur has the following risky income: with probability he earns 1,000,000, but with probabilityheearns 10,100. He has an expected utlity preference, with the same state utility function v(c) = VE in every state. 1.3 Risk sharing Sagar, an entrepreneur has the following risky income: with probability he earns 1,000,000, but with probabilityheearns 10,100. He has an expected utlity preference, with the same state utility function v(c) = VE in every state