What are Jimmys and Zendas expected utilities from a bet that gives them a 50 percent chance
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What are Jimmy’s and Zenda’s expected utilities from a bet that gives them a 50 percent chance of having a wealth of $600 and a 50 percent chance of having nothing?
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Zenda's Jimmy's utility Wealth utility 10 200 512 200 300 640 300 350 672 400 375 678 500 387 681 600 683 393 396 700 684
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