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5. There are 3 poker players, A, B, and 0. They each have referencedependent pref erences over money m, with a reference point of r.

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5. There are 3 poker players, A, B, and 0. They each have referencedependent pref erences over money m, with a reference point of r. Letting :1: = m r, their utility functions are as follows: a: if a: 2 0 WAGE) = 2:1: if :1: S 0 () { if 3320 U333: \\/113 if 21:30 ( ) { (m6 if x 2 0 'UC :13 = ($)'5 if a: S 0 (a) [2.5 points] graph 254(53) and vB(:z:). (b) [2.5 points] For player A and player B , state whether their preferences satisfy 1 . 1, .010

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