Suppose That Professor Nash Is Planning to Attend a 10

Multiple Choice

Suppose that Professor Nash is planning to attend a 10 day academic conference. His utility function for the trip is U = T ², where T is the length of the conference in days. Professor Nash is concerned that he will be forced to leave the conference early due to an illness in his family. The probability that Professor Nash will have go home is 40 percent. Professor Nash can best be described as:

A) A risk lover.
B) A risk hater.
C) Being indifferent to risk.
D) A person who would not accept a fair gamble.
E) As someone who hates to travel.