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Will you play a gamble with payoff in the neighborhood of zero (or the origin), and why? E = ($110; 0.5; -$100; 0.5) (i.e., you
Will you play a gamble with payoff in the neighborhood of zero (or the origin), and why?
E = ($110; 0.5; -$100; 0.5) (i.e., you have a 50% chance to make $110, and a 50% chance to lose $100).
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