Which is largeró the expected utility of the lottery, or the utility of the expected value of the lottery?

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This homework Örst examines the issues involved in using the expected utility representation of preferences to model choices over risky alternatives. Consider the expected utility function U(x1; x2) = 1 p x1 + 2 p x2; where x1 and x2 are (monetary) consumption levels in states 1 and 2, respectively, which occur with probabilities 1 and 2. Let 1 = 3 8 and 2 = 5 8 . (a) Calculate the expected utility of a lottery that pays nothing in state 1 and $100 in state 2. Calculate the expected value of this lottery, and the utility of receiving this expected value with certainty, i.e., of receiving this expected value in both states of nature. Which is largeró the expected utility of the lottery, or the utility of the expected value of the lottery? What does this tell you about this personís attitude toward risk? (b) The certainty equivalent of the lottery is a payo§ which, if received with certainty, would make the person indi§erent between the lottery and receiving the certainty equivalent in each state. Calculate the certainty equivalent of the lottery in [a]. How does it compare to the expected value? (c) Show that, in general, if one is risk averse, then the certainty equivalent of a lottery falls short of its expected value. The di§erence between these two is often called the risk premium for the lottery. (d) Find the formula for an indi§erence curve, giving x2 as a function of x1, identifying combinations of x1 and x2 that give the same expected utility. (e) Find the slope of this indi§erence curve when x1 = x2. Explain why it has this slope. (f) Show that the preferences described by this expected utility function are convex

 

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create five new parole guidelines for today’s offenders

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if you had to create five new parole guidelines for today’s offenders, what would they be? Would you allow sex offenders to be paroled? Drug offenders? Murderers? What factors would be the basis for your release decision?
Explain your reasoning

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Please provide a general overview of the company and its affiliated entities.

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Subject: Business    / General Business

Research Alibaba Group Holding IPO (Ticker: BABA)

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Research Alibaba Group Holding IPO (Ticker: BABA)

Use the link below to
jump-start your research:

http://projects.wsj.com/alibaba/

Please provide a general
overview of the company and its affiliated entities. Who is the current CEO?
Name 2 members of the Board of Director’s? What did they do prior to joining
Alibaba Group? When did BABA list on the NYSE and what was its offer price
versus close price on the first day of trading? The Chinese government forbids
foreign ownership of its companies, so how did Alibaba Group list on a US
exchange? How much money did BABA raise in its IPO process? Who are BABA’s
competitors?

What is Market
Capitalization (Market Cap)-provide a definition and distinguish between the
different caps? How would you classify BABA (Mega, Large, Mid, or Small, Micro,
and Nano Cap)? Why is this measure
significant? As an investor which Market Cap should you prefer?

Case writing requirements:

All written assignments
will have the following paragraphs:

•

Introduction paragraph

o

Give an overview of the topic you will be

discussing and a sentence stating your position

on the issue.

•

Several supporting paragraphs Critically explore the concepts of the case
Your research must be variety of sources

—

minimum

of 3 work citations

o

Wikipedia can be used as a
stepping stone, but

will not be accepted as a
viable work citation

•

State position supported
with evidence from your research

Do not restate the
research, but simply state

your position given the
research

•

Conclusion: This paragraph will summarize your findings and

position without presenting new material

•

Work Citation Page
(separate from your paper)

Requirements:

•

2-3 pages in

length

•

New Times Roman

•

Font size 11

•

Double-spaced

•

MLA formatting edition 7 or
8

•

MLA citation

 

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What is your primary conflict management style? What is your least preferred style?

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Personal conflict style Assignment When you are done, compose a 2- to 3-page essay that addresses the following questions: ¢ What is your primary conflict management style? What is your least preferred style? ¢ In what types of conflict is your primary style likely to be appropriate? In what types of conflict situations is it likely to be dysfunctional? Explain why. ¢ What types of conflict situations are best handled by your lesser preferred styles? ¢ What steps can you take to increase your use of your lesser preferred styles in situations where they would be most beneficial, and decrease the use of preferred styles when they are likely to be dysfunctional? Keys to the Assignment The key aspects of this assignment that should be covered in your paper include: ¢ Complete the assessment according to the guidelines and interpret the results. ¢ Include the actual instrument and results. ¢ Based on your results, explain how you could improve your conflict management behaviors and under what conditions. ¢ Based on your results, explain how improving your conflict managment behaviors might translate into actual behaviors at the workplace? And what might be the results of such an improvement?

 

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