Calculate the level of risk aversion according to the Arrow - Pratt formula?
for the following utility functionsi. U1 = X0.5 / a0.5ii. U2 = Xand will you show how you worked it out please. Thankyou or:for the following utility
for the following utility functions
i. U1 = X0.5 / a0.5
ii. U2 = X
and will you show how you worked it out please. Thankyou
or:for the following utility functionsi. U1 = X0.5 / a0.5ii. U2 = Xand will you show how you worked it out please. Thankyou
Tags:economics,microeconomics,