Question: Three decision makers have assessed utilities for the problem in the following payoff table. ( a ) Plot the utility function for each decision maker.

Three decision makers have assessed utilities for the problem in the following payoff table.
(a) Plot the utility function for each decision maker. (A payoff of 500 was assigned a utility of 1 and a payoff of -400 was assigned a utility of 0.)
(b) Characterize each decision maker's attitude toward risk.
Decision maker A would best be described as
(c) Using the expected utility criterion which decision will each person prefer?
 Three decision makers have assessed utilities for the problem in the

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