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Question 1 Assume that more money is better. Consider three degenerate lotteries 1, 62, and 63 with certain payouts E(61) = 10, E(62) = 50,
Question 1 Assume that more money is better. Consider three degenerate lotteries 1, 62, and 63 with certain payouts E(61) = 10, E(62) = 50, and E(63) = 200. Alice is an expected utility Not yet maximiser who is indifferent between the lotteries 1 \\ answered 5'5'5) and 15'5'5). Marked out of Alice is: 1.50 Flag question Select one: O Risk Averse O Risk Neutral O Risk Loving Question 2 Assume that more money is better. Consider three degenerate lotteries 61, 62, and 63 with certain payouts E(61) = 10, E(62) = 50, and E(63) = 200. Burton is an expected utility Not yet answered maximiser who is indifferent between the lotteries ( 0. ( . 10 ) and ( 5 . 3. ) Marked out of Burton is: 1.50 Flag question Select one: O Risk Averse Risk Neutral O Risk Loving
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