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Which of the Following Value Functions Exhibit Strong Loss Aversion ug=ln(x)ul=xu_{g}=\ln (x) \cdot u_{l}=\sqrt{x}

Question 8

Multiple Choice

Which of the following value functions exhibit strong loss aversion?


A) ug=ln(x) ul=xu_{g}=\ln (x) \cdot u_{l}=\sqrt{x}
B) ug=x,ul=ln(x) u_{g}=\sqrt{x}, u_{l}=\ln (x)
C) ug=ln(x) ,ul=ln(x) u_{g}=\ln (x) , u_{l}=\ln (\mathrm{x})
D) ug=x,ul=xu_{g}=\sqrt{x}, u_{l}=\sqrt{x}

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