​A Risk Avoider Will Have a Concave Utility Function

question 92

True/False

​A risk avoider will have a concave utility function.

---

Definitions:

Eve Hypothesis

A scientific theory suggesting that all modern humans have descended from a common maternal ancestor, dubbed "Mitochondrial Eve," who lived in Africa.

Out of Africa Hypothesis

A scientific theory proposing that all modern humans originated from a common ancestry in Africa before migrating to other parts of the world.

Denisovans

An extinct species or subspecies of archaic humans in the genus Homo, known from DNA evidence and a few fossil remnants found in Siberia.

Blade Tools

Prehistoric stone tools characterized by their elongated, blade-like shape, used by early humans and hominins.