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What is the utility of a payoff of $80,000 for decision maker A? Profit A B $80,000 0.9 0.6 $60,000 0.7 0.3 $40,000 0.4 0.2

What is the utility of a payoff of $80,000 for decision maker A?

ProfitAB









$80,0000.90.6
$60,0000.70.3
$40,0000.40.2
$20,0000.10.1

6.

ProfitAB
$80,0000.90.6
$60,0000.70.3
$40,0000.40.2
$20,0000.10.1

What is the utility of a payoff of $20,000 for decision maker A?

7.

ProfitAB
$80,0000.90.6
$60,0000.70.3
$40,0000.40.2
$20,0000.10.1

What is the utility of a payoff of $60,000 for decision maker B?

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