Consider a following problem with a utility function with taste shocks u(c) = oln(c), where c is consumption, o is taste shock (how much we value consumption), production function is f(k) = 0ka, where output depends on technology and capital k with a (0, 1], feasibility condition k 0 + c f(k) and taste shock o 0 =(1-po) o + poo + 0.0 < po