In this case I am much less certain of my answer, but I’m leaning toward 2.
On the other hand, in the $ question, I am quite certain that I would rather have $24000. This makes me quite confident that nonlinear utility of money is my true rejection, thankyouverymuch.
In this case I am much less certain of my answer, but I’m leaning toward 2.
On the other hand, in the $ question, I am quite certain that I would rather have $24000. This makes me quite confident that nonlinear utility of money is my true rejection, thankyouverymuch.