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Title: The Friedman-Savage utility function can explain why Post by: Mairoon on Oct 19, 2017 The Friedman-Savage utility function can explain why
A) people buy automobile insurance. B) somebody becomes addicted to gambling. C) people become more risk averse as their wealth increases. D) people place small bets to have a chance at winning a large amount. Title: Re: The Friedman-Savage utility function can explain why Post by: LBCea on Oct 19, 2017 Content hidden
Title: Re: The Friedman-Savage utility function can explain why Post by: Mairoon on Aug 14, 2018 Thanks. This is just start. ;)
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