Documents 1. Preferences and Utility

Preferences and Utility (Chapters 3, 4) 1 1. 1a. Preferences A single consumption good Consider a world with a single consumption good. A corresponding consumption bundle…

Documents L11: Risk Sharing and Asset Pricing 1 Lecture 11: Risk Sharing and Asset Pricing The following...

Slide 1 L11: Risk Sharing and Asset Pricing 1 Lecture 11: Risk Sharing and Asset Pricing The following topics will be covered: Pareto Efficient Risk Allocation (assuming…