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1: Consider an economy populated by N agents, each of which has an endow- ment given of y1 = 1 apple in period 1 and
1: Consider an economy populated by N agents, each of which has an endow- ment given of y1 = 1 apple in period 1 and y2 = 1 apple in period 2. Preferences are given by: U(c1, c2) = c1/2 1 c1/2
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Business Statistics for Contemporary Decision Making
Authors: Ken Black
6th Edition
978-0470409015, 9780470559062, 470409010, 470559063, 978-0470910184
