Consider again the problem described in appendix 3A, and show that the expected utility of a participant
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Consider again the problem described in appendix 3A, and show that the expected utility of a participant member of a ROSCA is increasing with the number of members n, given that n ε N.
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The Economics Of Microfinance
ISBN: 978-0262513982
2nd Edition
Authors: Beatriz Armendariz ,jonathan Morduch
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