signal and the other person receiving a signal, the probability of lemon squirting is D(1-2) (1-2) or p Both of you should make the same assessment and there is no room for betting n generaly you should never take a bet against someone whose utility function resembles your ownsignal and the other person receiving a signal, the probability of lemon squirting is pz1z z1z or p. Both of you should make the same assessment and there is no room for betting. In generaly, you should never take a bet against someone whose utility function resembles your own