ࡱ>  @\p Hersh Shefrin Ba==xL;!8X@"1Arial1Arial1Arial1Arial1Arial1Arial"$"#,##0_);\("$"#,##0\)!"$"#,##0_);[Red]\("$"#,##0\)""$"#,##0.00_);\("$"#,##0.00\)'""$"#,##0.00_);[Red]\("$"#,##0.00\)7*2_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_).))_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)?,:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)6+1_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_) 0.0000000 0.000000 0.00000 0.0000 0.000                + ) , *   @@  $@  ` @  @   `  `@  `  ``  ,@  (@  (@@  (` @ "8  (@  (`  (`@      $@@  ,` @  ,`  ,``  (@@  (@ "8`  (``  $@ #  $`  $@  $`  $` @  $`  $``    ,@ "< "<`  $  $`  $ `R Question 34rSheet2ySheet3`iZR3  @@   Initial wealthgainloss gain/loss probabilityutilityExpectedutility of gambleUtility of intial wealthNumber of gains34a34b34c n @  u  dMbP?_*+%"??U} }  }    0               ~ *0@ %+,t#@DA &'( 2   ! 2 " " " #$2  @@4?$1ao  @DDA,)MI@eeB2 %>@5?$3Uk@DDA 29 2 9 2  :   ! 2 " ; " # $ 2   i@4?$ 1>N3@ DD A, )o o5'@e e B  2 % >Y5?$ 3@ DD A 2929 2 :  ! % / < / %0~ -4iDD DD )4? DDA$6 5@DDA,1iK@eeB~ .?4?Y@DD DD )=?DDA$7T$=\@DDA ~ @4>y@DD DD )5?DDA$8%[ؼ@@DDA 0&:8Pd8Pd8P(  l  s *  @ +]`<*3 y<zAccept a gamble if the expected utility of the gamble exceeds the utility of initial wealth that is recorded in cell D3.<y>@7 @ *  dMbP?_*+%"?? uU>@7 @ 1  dMbP?_*+%"?? uU>@7 Oh+'0@H`x Hersh ShefrinxHersh ShefrinxMicrosoft Excel@8}@<8с՜.+,0 PXx  Santa Clara Universityn  Question 34Sheet2Sheet3  Worksheets Root Entry Fj(WorkbookSummaryInformation( DocumentSummaryInformation8