Assume that a∈[-1,1] andθ∈{0,-1}. Consider the utilityfunction u(a,θ)=a2(θ+1)-a3
Which action should never be chosen? and why?
a. 0b. All (i.e., 1, 0, 0.5)c. 0.5d. 1
Assume that a∈[-1,1] and θ∈{0,-1}. Consider the utility function u(a,θ)=a2(θ+1)-a3 Which action should never be chosen?
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