× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
7
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
New Topic  
Llanis Llanis
wrote...
Posts: 626
Rep: 0 0
6 years ago
Describe how the risk premium for a person with a convex utility function is determined.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 76 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
A person with a convex utility function is risk preferring. This person will not pay a premium to avoid risk. The risk premium is zero.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  899 People Browsing
Related Images
  
 1035
  
 752
  
 255
Your Opinion
Who's your favorite biologist?
Votes: 587

Previous poll results: How often do you eat-out per week?