True or False Assume Agent 1 has a utility function U 1 and Agent 2 has a utility function U 2 If U 1 k 1 U 2 k 2 with k 1 0, k 2 0 then Agent 1 and Agent 2 have the same preferences

Question: True or False: Assume Agent 1 has a utility function U 1 and Agent 2 has a utility function U 2 . If U 1

True or False: Assume Agent 1 has a utility function U₁ and Agent 2 has a utility function U₂. If U₁ = k₁U₂ + k₂ with k₁ > 0, k₂ > 0 then Agent 1 and Agent 2 have the same preferences.

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