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Number of Pages 9
This 9 page paper answers a set of questions. Answers look at how convex utility function is not compatible with risk aversion, why there will be co-operation in the prisoners’ dilemma, pareto optimal efficiency, indifferent curves utility and price curves for two products the application of game theory and marginal costs. The bibliography cites 3 sources.
File: TS14_TEecqu04.rtf
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