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Determine the risk attitude (i.e. risk averse/neutral/loving) of an individual whose utility function is given by (1) U(w) = w 1/3 , w > 0
Determine the risk attitude (i.e. risk averse/neutral/loving) of an individual whose utility function is given by (1) U(w) = w1/3, w > 0 (2) U(w) = 3w + 4, w (, ) (3) U(w) = 1 ew, w (, )
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