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U(w)=3w^2 +4 Calculate the absolute and realtive risk aversion coeeficients of this investor. Do the coefficients decrease, remain constant, or increase as wealth increases
U(w)=3w^2 +4
Calculate the absolute and realtive risk aversion coeeficients of this investor. Do the coefficients decrease, remain constant, or increase as wealth increases
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
