Question: (f) In Section 6.2.2, the initial endowment necessary to induce risk-neutrality (i.e. a probability of 0.5 for the safe choice being chosen), under the probit
(f) In Section 6.2.2, the initial endowment necessary to induce risk-neutrality
(i.e. a probability of 0.5 for the safe choice being chosen), under the probit model, was estimated to be $9.23. Find an estimate of the same quantity using the logit results.
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