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1.Willa and Lora are playing the dictator game. Let and be the amount of money Willa and Lora receive in the game, respectively. Willa plays

1.Willa and Lora are playing the dictator game. Let and be the amount of money Willa and Lora receive in the game, respectively. Willa plays the role of the dictator and must decide how to split $10.

a.Suppose Willa's preferences are given by . How much will Willa keep and how much will she give to Lora? Explain

b.Suppose instead that Willa's preferences are given by How much will Willa keep and how much will she give to Lora? Explain

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