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Please help me asap evaluates the lotteries based on Cumulative Prospect Theory with if 2 3 0 Find the condition on the probability weighting function

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evaluates the lotteries based on Cumulative Prospect Theory with if 2 3 0 Find the condition on the probability weighting function so that Adam gamble where he loses $100 with 5% chance and loses $0 with 95% cha Find the condition on the probability weighting function so that Adam loses $100 with 95%% chance and loses $0 with 5% chance to a sure loss Suppose Adam's probability weighting function satisfies both of the con ider the following lotteries: winning $100 with 95% chance and losing $100 with 5%% chance : winning $2100 with 5% chance and losing $10 with 95% chance hese two lotteries, which lottery does Adam choose? Show your work. points ) Suppose instead that Adam evaluates the lotteries based on of Cumulative Prospect Theory). Redo question (a). (b) and (c) Bob evaluates expected utility for a set of prior probability distribut minimum of expected utility over these priors (Gilboa and Schmeidler (19 dependence day show which needs not hold due to a pandemic (e.g. co

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