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Author Question: Which is NOT a Von Newmann-Morgenstern Axiom? a.equal probability b.complete ordering ... (Read 19 times)

jlmhmf

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on: Aug 1, 2018
Which is NOT a Von Newmann-Morgenstern Axiom?
  a.equal probability
  b.complete ordering
  c.independence
  d.compound lottery

Question 2

In the representation L1 p L2 p L3 i L4 i L5 which two lotteries are equivalent?
  a.L3 and L4.
  b.L2 and L5.
  c.L2 and L4.
  d.L1 and L3.


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bigcheese9

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Reply #1 on: Aug 1, 2018
Answer to Question 1

correct: a

Answer to Question 2

correct: a


jlmhmf

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Reply 2 on: Aug 1, 2018
Thanks for the timely response, appreciate it

xoxo123

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Reply 3 on: Yesterday
Wow, this really help

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