Which of the Following Games Might a Risk-Averse Person Play

question 26

Multiple Choice

Which of the following games might a risk-averse person play?

• A)a game where she has a 70 percent chance of winning $1 and a 30 percent chance of losing $1
• B)a game where she has a 60 percent chance of winning $100 and a 40 percent chance of losing $100
• C)a game where she has a 60 percent chance of winning $2 and a 40 percent chance of losing $1
• D)All of the above are correct.

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