Explain why is danny risk averse or a risk taker, Microeconomics

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Explain why is danny risk averse or a risk taker

Problem

Suppose that Danny Ocean decides to play roulette, one of the most popular casino games. Roulette is attractive to gamblers because the house's advantage is small (less than 5%). If Danny Ocean plays roulette and wins big, is Danny risk averse or a risk taker? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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