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Maybe I can get a show of hands.
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This is like Samuelson's lunch colleague again,
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but a little different.
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Suppose I'm offering--
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I'm not offering this, but suppose I offered this
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--you have a choice between Prospect One or Prospect Two.
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Prospect One--I'm going to toss a four-sided coin
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and if it comes up with a probability of
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one-fourth,
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in a certain way, you will win $3,000.
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In Prospect Two,
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I'm going to give you a chance of 20% to win $4,000.