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Mean-Variance as Expected Utility

Mean-Variance as Expected Utility. Lecture 4. Expected Utility IV(1). Expected Utility/Expected Value-Variance. Expected Utility IV(2). Expected Utility IV(3). Next, we want to complete the square in the exponent. Expected Utility IV(4). Elicitation of Risk Aversion Coefficients

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Pratt measures - PowerPoint PPT Presentation

Mean-Variance as Expected Utility