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For the following (contingent) utility function u(c_1, c_2, pi_1, pi_2) = pi_1*c_1 + pi_1*c_2^2 it seems that it does not have the expected utility property.

For the following (contingent) utility function

u(c_1, c_2, pi_1, pi_2) = pi_1*c_1 + pi_1*c_2^2

it seems that it does not have the expected utility property. Why?

As I understand, the expected utility property is met for any (contingent) utility function which, following a monotonic positive transformation, can be expressed as

u = pi_1*v(c_1) + pi_2*v(c_2)

For the previous utility function, wouldn't

v(c_2) = c_2^2

be sufficient for to satisfy the expected utility property condition?

Thanks in advance.

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