Question: A game is considered fair if the expected payoff from the game is equal to the cost of playing it. If such a fair game

A game is considered fair if the expected payoff from the

A game is considered fair if the expected payoff from the game is equal to the cost of playing it. If such a fair game is offered to a risk-averse investor, will the investor choose to play, not to play, or feel indifferent between playing and not playing? Explain why

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