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Problem 1 Maria's preferences between consumption across states of the world S (sunshine) and H (hurricane) are represented by the following expected utility function: (?;3#3

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Problem 1 Maria's preferences between consumption across states of the world "S" (sunshine) and "H" (hurricane) are represented by the following expected utility function: "(?;3#3 = 11 . 323 / (1 -m) . V243 where II, the probability of sunshine, equals 90%, and the variables

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