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Which One Wins Grandfather: Revision history

From Randolph STEM
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1 April 2025

  • curprev 22:2322:23, 1 April 2025 BeatriceBrereton talk contribs 1,022 bytes +1,022 Created page with "Mathematically, risk-neutrality implies an utility that is linear on wealth, while risk-aversion implies an utility concave on wealth. Economists typically assume that individuals are risk averse, [https://play.google.com/store/apps/details?id=com.us.thinkdiag.pl Cherry Charm] and that this risk aversion decreases with wealth (the more wealth someone is, the more risk he is willing to take). The expectation argument does make sense, but for a specific type of risk avers..."
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