Question: Consider two individuals, 1 and 2, with utility-of-wealth function, 1() = ^1/2 and 2() = -e^-.01x (CARA utility function) respectively, where is wealth in dollars.

Consider two individuals, 1 and 2, with utility-of-wealth function, 1() = ^1/2 and

2() = -e^-.01x (CARA utility function) respectively, where is wealth in

dollars. For which range of values of is person 2 more risk-averse than person 1.

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