Assignment #2 Due Oct 11 (5:00pm) 1. Consider the following three dimensional alternatives. A=(10,20,30) B=(30,20,10) C=(20,20,20) D=(20,10,10) If the individuals form their preference rankings based on the model of Tversky and Simonson (assuming v is linear, u(A)=u(B)=60=u(C)=60, u(D)=40 and B = 2), a. From the set {A,B,C,D), determine the ranking of the alternatives. b. From the set {A,B,C}, determine the ranking of the alternatives. c. From the set (A, B, D), determine the ranking of the alternatives. d. From the set {A,B), determine the ranking of the alternatives. 2. Show Cremer's solution to St. Petersburg paradox