Mathematics, 06.05.2021 19:30 kallee10

Idris faces a lottery that pays off $100 with 60% probability and pays off $200 with 40% probability. If Idris has a certainty equivalent of $140 for this lottery, then he is .risk averse risk neutral risk lovingeither risk averse or risk neutral either risk loving or risk neutral

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Idris faces a lottery that pays off $100 with 60% probability and pays off $200 with 40% probability...

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