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Consider a twostate economy with two agents who have identical preferences given by (17) = lnx . If their endowments are (2, 1) and (1,

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Consider a twostate economy with two agents who have identical preferences given by \"(17) = lnx . If their endowments are (2, 1) and (1, 2) respectively and the two states are equally likely, Show that both agents are fully insured in this mutual insurance endowment economy

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