Proof of Proposition 5, p. App-11 — for n = 1, max over c ∈ [0, 1] of rc + (1−r)(1−c) is max(1 − r, r)

Initializing...

Proof of Proposition 5, p. App-11 — for n = 1, max over c ∈ [0, 1] of rc + (1−r)(1−c) is max(1 − r, r) · Prove2Me