Assume that a∈[-1,1] and θ∈(0,2). The utility function is given by u(a,θ)=a(θ-1). Which of the following action is never

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answerhappygod
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Assume that a∈[-1,1] and θ∈(0,2). The utility function is given by u(a,θ)=a(θ-1). Which of the following action is never

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Assumethat a∈[-1,1] and θ∈(0,2). Theutility function is givenby u(a,θ)=a(θ-1). Which ofthe following action is never optimal ex-post?
a. 0b. All can be optimal ex-postc. 1d. -1
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