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Simone has been offered a chance to enter an exclusive, high stakes lottery. Each of N players must ante up $ 1 , 0 0
Simone has been offered a chance to enter an exclusive, high stakes lottery. Each of N players must ante up $ for a chance to win the whole pot. Her current wealth is $ She has constant relative risk aversion preferences. Simone will:
Select one
A Play if
B Play if
C Play if
D Not play
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