Y6

A (6,1) B (5,4) 1. Suppose, the 1" element in the brackets represent the payoff of player 1, and the 2nd element represents the payoff of player 2. If player I is the central planner (key decision maker), payoffs in "A" represents the outcome with envy, and "B" represents the outcome without envy. The probability to choose the envy induced payoff (by player 1) is 0.9, and choosing the payoff without envy's probability is 0.1. If there is no information asymmetry, do you think that player 1 is biased with envy? Answer based on a formal hypothesis testing