Estimate the expected utility of two individuals, A and B, from the investment that has the following possible outcomes:
$\begin{array} { | c | c | c | c | }
\hline \text { PROBABILITY } & \text { OUTCOME } & \text { A's UTILITY } & \text { B's UTILITY } \
\hline 0.3 & \$ 10,000 & 10 & 10 \
\hline 0.4 & \$ 30,000 & 30 & 20 \
\hline 0.3 & \$ 80,000 & 80 & 40 \
\hline
\end{array}$

Question

Estimate the expected utility of two individuals, A and B, from the investment that has the following possible outcomes:
 $\begin{array} { | c | c | c | c | } 
\hline \text { PROBABILITY } & \text { OUTCOME } & \text { A's UTILITY } & \text { B's UTILITY } \
\hline 0.3 & \$ 10,000 & 10 & 10 \
\hline 0.4 & \$ 30,000 & 30 & 20 \
\hline 0.3 & \$ 80,000 & 80 & 40 \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Estimate the expected utility of two individuals, A and B, from the investment that has the following possible outcomes:
 $\begin{array} { | c | c | c | c | } 
\hline \text { PROBABILITY } & \text { OUTCOME } & \text { A's UTILITY } & \text { B's UTILITY } \
\hline 0.3 & \$ 10,000 & 10 & 10 \
\hline 0.4 & \$ 30,000 & 30 & 20 \
\hline 0.3 & \$ 80,000 & 80 & 40 \
\hline
\end{array}$

Estimate the Expected Utility of Two Individuals, a and B