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Problem 1: Prospect A: $2,500 with probability .33, $2,400 with probability .66, Zero with probability .01. Prospect B: $2,400 with certainty. Problem 2: Prospect C:
Problem 1:
Prospect A: $2,500 with probability .33, $2,400 with probability .66, Zero with probability .01.
Prospect B: $2,400 with certainty.
Problem 2:
Prospect C: $2,500 with probability .33, Zero with probability .67.
Prospect D: $2,400 with probability .34, Zero with probability .66.
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