Question: =+B. Suppose we can use the function u1x2 5 x a for the consumption/utility relationship that allows us to represent your indifference curves over risky
=+B. Suppose we can use the function u1x2 5 x a
for the consumption/utility relationship that allows us to represent your indifference curves over risky outcomes using an expected utility function. Assume the rest of the set-up as described in A.
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