For a lottery having a payoff of 300,000 with a probability p and $50 with a probability of (1-p), two decision makers expressed the following indifference probabilities.Find the most preferred decision for each decision maker using the expected utility approach. Is there a difference in the decision of the two decision makers. If yes, what can you say about the two decision makers.

Indifference Probability (p)

Decision Maker A Decision Maker B

100,000 0.7 0.6
75,000 0.5 0.2
50,000 0.3 0.15