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theree decision makers Three decision makers have assessed utilities for the following decision problem (payoff in dollars): State of Nature Decision Alternative $1 $2 di

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Three decision makers have assessed utilities for the following decision problem (payoff in dollars): State of Nature Decision Alternative $1 $2 di dz 20 80 50 100 sy -20 -100 The indifference probabilities are as follows: Indifference Probability (p) Decision Maker A Decision Maker B Decision Maker ay of 100 80 50 20 -20 1.00 0.95 0.90 0.70 0.50 0.00 100 0.70 0.60 0.45 0.25 0.00 1.00 0.90 0.75 0.60 0.40 0.00 100 Plot the utility function for money for each decision maker. b. Classify each decision maker as a risk avoider, a risk taker, or risk neutral

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