Assume that kyle is offered a gamble with 50% chance to win $250 and 50% chance to lose $100. assume that he is risk-neutral (u(x) = x) and his disappointment coefficient beta is 1.5. using disappointment theory, what would kyle choose among the following options: do not participate, play once play twice with a single payment made at the end. (exponential vs. quasi-hyperbolic discounting) since you have to study for the final exams, you are going to miss the broadcast of one of the last two football games of your team. either you are going to miss game 1 at t=l, or you are going to miss game 2 at t = 2. assume that game 1 gives you a utility of 15, and game 2 gives you a utility of 36. suppose you discount future utilities exponentially with a discount factor delta = 2/3. which game do you prefer to watch when asked now (at t=0)? are your preferences the same when asked in the next week (at t=1)? now suppose that you have tastes for immediate gratification, formally you use quasi-hyperbolic discounting with beta = 1/2 and delta = 2/3. which game do you prefer to watch when asked now (at t=0)? are your preferences the same when asked in the next week (at t=1)?