Question: Consider two decision makers who both have expected utility preferences over the lotteries over the non-negative real line. Decision maker 1 has vNM utility function

Consider two decision makers who both have expected utility preferences over the lotteries over the non-negative real line. Decision maker 1 has vNM utility function v1(x) = x 1/4 5 and decision maker 2 has v2(x) = x 1/2 . Is one of the decision makers more risk-averse than the other

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