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Question: please help answer the question ive been stuck on it...

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Problem 3. Recall the Allais paradox from lecture. Question 1: (S1,1) or (S1,0.89; S5, 0.10; $0,0.01) Question 2: (S1,0.11; $0,0.89) or (S5,0.10; S0,0.90) Most people prefer the first lottery in Question 1 but the second lottery in Question 2. Suppose someone chooses according to prospect theory with value function r01 if x 20 u(x)= where all units are in millions of dollars. The probability weighing function they use is 2 Show that even without any editing, this can explain the Allais paradox (set reference point to $0 in both questions)please help answer the question, i've been stuck on it! thank you.

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