Suppose there are 4 agents i e (1, 2, 3, 4} and 4 objects je {a, b, c, d}. Below is a matrix of probability shares. Show how to represent it as a lottery over deterministic object allocations. Agent Good a bcd10.5 0.5002 0.125 0 0.875 0 3 0.125 0.5 0.125 0.25 4 0.25 00 0.75
Suppose there are 4 agents i e (1, 2, 3, 4} and 4 objects je {a, b, c, d}. Below is a matrix of probability shares. Show how to represent it as a lottery over deterministic object allocations. Agent Good a bcd10.5 0.5002 0.125 0 0.875 0 3 0.125 0.5 0.125 0.25 4 0.25 00 0.75
Chapter7: Uncertainty
Section: Chapter Questions
Problem 7.3P
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![Suppose there are 4 agents i e (1, 2, 3, 4} and 4 objects je {a, b, c, d). Below is a
matrix of probability shares. Show how to represent it as a lottery over deterministic
object allocations. Agent Good abcd10.5 0.5 0020.125 0 0.875 0 3 0.125 0.5
0.125 0.25 4 0.25 0 0 0.75](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc2664071-4c54-4998-acef-294c39ec26ea%2Fb138b797-a68a-470b-97a8-9e43da6bfeae%2F31k9c8r_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose there are 4 agents i e (1, 2, 3, 4} and 4 objects je {a, b, c, d). Below is a
matrix of probability shares. Show how to represent it as a lottery over deterministic
object allocations. Agent Good abcd10.5 0.5 0020.125 0 0.875 0 3 0.125 0.5
0.125 0.25 4 0.25 0 0 0.75
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