Question: I need typed answer don't write in a paper True or false When an individual plays her state's lottery, she could be viewed as making

I need typed answer don't write in a paper

True or false

  1. When an individual plays her state's lottery, she could be viewed as making a decision based on the maximin criteria
  2. For a given state of nature, "regret" is the difference between a given payoff and the payoff that would have been received if the decision maker had known for sure that this state of nature was going to occur

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