Question
If in the St. Petersburg game the payoff were W(n) = 4 n instead of W(n) = 2 n , then, the conclusion regarding risk
If in the St. Petersburg game the payoff wereW(n) =4ninstead ofW(n) =2n, then, the conclusion regarding risk aversion would be
a.cannot tell
b.the same with the one reached in class
c.sometimes the same and sometimes different from the one reached in class
d.different from one reached in class
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Elementary Linear Algebra with Applications
Authors: Howard Anton, Chris Rorres
9th edition
471669598, 978-0471669593
