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9. Consider a two-consumer, two-period economy. Consumers can buy and sell claims on consumption mg in period 2' = 1,2 at unit price pi. Each
9. Consider a two-consumer, two-period economy. Consumers can buy and sell claims on consumption mg in period 2' = 1,2 at unit price pi. Each consumer owns 1/2 units of the consumption good in all periods. The utility of consumer J : A, B from consumption path (icing) is max{mf,:cg}
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