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Business, 10.03.2020 01:36 gisellekatherine1
Let L1 and L2 be two lotteries with the same expected return. Suppose L2 has a larger variance and you are risk averse. Would your CE for L2 be larger or smaller than your CE for L1?
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Let L1 and L2 be two lotteries with the same expected return. Suppose L2 has a larger variance and y...
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