® Persons, A and B, awe both risk expestel uhility functiom is Un Can) = m(wt), and B, d, (w) = Im (wt). are %3D Who is move risk aerse!

4. Consider the situation in which player 1 knows what game is played (the first or the second). But player 2 only knows that the first game is played with probability 1/3 and the second game is played with probability 2/3. Player 1 Player 1 Player 2 S B S 1,1 0,0 B 0,0 0,0 Player 2 S B S 0,0 0,0 B 0,0 2,2 (a) Describe the game as a Bayesian game. (b) Find the Bayesian Nash equilibria.

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"Your company is comparing three projects that have risks associated with them. Based on the data in the foliowing data in the table, which should be chosen? Project A Project B Project C Probability 0.3 EUAW Probability 0.3 0.2 EUAW EUAW -$2,400 $2,000 $3,500 $3,000 -$2,300 $3,800 Probability 0.1 0.4 -$5,500 $7,200 $1,900 0.45 0.25 0.5 0.5

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please  only do: if you can teach explain steps of how to solve each part what is the optimizatio  formula that was use for foc?  please solve   each part

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In this homework, I need to select correct option with explainatin, pls help

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1. Individual Problems 17-1 Malaysia You're the manager of global opportunities for a U.S. manufacturer that is considering expanding sales into Asia. Your market research has identified the market potential in Malaysia, the Philippines, and Singapore as described in the following table:   Success Level Big Mediocre Failure Malaysia       Probability 0.7 0.1 0.2 Units 1,300,000 416,000 0 Philippines       Probability 0.2 0.3 0.5 Units 600,000 360,000 0 Singapore        Probability 0.4 0.3 0.3  Units 1,500,000 750,000 0   The product sells for $20, and each unit has a constant marginal cost of $16. Assume that the (fixed) cost of entering the market (regardless of which market you select) is $500,000. In the following table, enter the expected number of units sold, and the expected profit, from entering each market. Market Expected Number of Units Sold Expected Profit Malaysia     Philippines     Singapore…