In which of the following games is it conceivable that a risk-averse person might be willing to play?

Question

Quizplus · Accepted Answer

A risk-averse person is more likely to play a game where they have a higher chance of winning a smaller amount of money than a game where they have a lower chance of winning a larger amount of money. In this case, the person is more likely to play game C, where they have a 60% chance of winning $2, than game B, where they have a 60% chance of winning $100.

In Which of the Following Games Is It Conceivable That