Question: Consider Richard has the following value function under prospect theory: v(w) E w0.5 when w > 0 = -2(-w)05 when w 0 = -2(-w)05 when

Consider Richard has the following value function under prospect theory: v(w)

Consider Richard has the following value function under prospect theory: v(w) E w0.5 when w > 0 = -2(-w)05 when w 0 = -2(-w)05 when w

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