The Joojle DA team has not yet elicited Davood's probability of FTC approval which is denoted by p in the decision tree. However, they know that he is risk-neutral in the range of this deal. Denote...


The Joojle DA team has not yet elicited Davood's probability of FTC approval which is denoted by p in the decision tree. However, they know that he is risk-neutral in the range of this deal. Denote /?, as the probability of FTC approval in which Davood is indifferent between acquiring MobAd and developing the technology internally. In what range does p, lie?



May 04, 2022
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