Suppose that a person must accept a gamble X of the
following form:
?f(X=u)=p and Pr(X=l-a)=l-P,
where p is a given number such that O < p < 1, Suppose also that the person can choose and fix the value of a (C fa 5 I) no be used in this gamble. Determine the value of a that the person would choose if his utility function was U(x) = 1og X forx > 0.