=+e. Now continue with the example but suppose that my tastes, instead of being risk neutral, were
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=+e. Now continue with the example but suppose that my tastes, instead of being risk neutral, were also risk averse. Would the same terms of trade still produce an equilibrium?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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