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I have a payoff matrix and I have a risk tolerance of $100,000. How do I convert it to utility values using the exponential utility
I have a payoff matrix and I have a risk tolerance of $100,000. How do I convert it to utility values using the exponential utility function...
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Size of developmentLowMediumHigh
Small$400,000$400,000$400,000
Medium$200,000$500,000$500,000
Large- $400,000$300,000$800,000
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