In the popular game Deal or No Deal, a player is facing five remaining cases, with...
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In the popular game "Deal or No Deal", a player is facing five remaining cases, with $1,000,000, $1,000, $75, $5 and $0.01, and the banker has just offered him $201,000. If he is a rational risk averse investor, he should: 1) Deal 2) NO deal 3) Depends on how risk averse he is 4) Ask friends and relatives at the scene In the popular game "Deal or No Deal", a player is facing five remaining cases, with $1,000,000, $1,000, $75, $5 and $0.01, and the banker has just offered him $201,000. If he is a rational risk averse investor, he should: 1) Deal 2) NO deal 3) Depends on how risk averse he is 4) Ask friends and relatives at the scene
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