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MMLU-Pro / 211 / Suppose there is a 50-50 chance that an individual with logarithmic utility from…

Problem

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question

Suppose there is a 50-50 chance that an individual with logarithmic utility from wealth and with a current wealth of

20,000 will suffer a loss of

10,000 from a car accident. Insurance is competitively provided at actuarially fair rates. Compute the utility if the individual buys full insurance.

Plain-text mathematical notation (without MathML)

Suppose there is a 50-50 chance that an individual with logarithmic utility from wealth and with a current wealth of 20,000willsufferalossof10,000 from a car accident. Insurance is competitively provided at actuarially fair rates. Compute the utility if the individual buys full insurance.

Original LaTeX notation

Suppose there is a 50-50 chance that an individual with logarithmic utility from wealth and with a current wealth of $20,000 will suffer a loss of $10,000 from a car accident. Insurance is competitively provided at actuarially fair rates. Compute the utility if the individual buys full insurance.

src

theoremQA-Finance

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Source and history

upstream_id / Original problem ID: 211
task_id: 79079187-96a6-58ae-bf87-0d7dcbfa6862
task_key: default--test--211
task_revision_id: 1
config / split: default / test

Official source

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