Question: 43. The payoff in a certain decision-making problem depends on p, the parameter of a Bernoulli process. The payoff functions are State of the World

43. The payoff in a certain decision-making problem depends on p, the parameter of a Bernoulli process. The payoff functions are State of the World 70R-30B 70B-30R 6 -2

-6 10 and P(ai, p) = —10 + lOOp P(a2, p) = 50p.

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