A girl with a current wealth of rs 50000 who faces the


A girl with a current wealth of Rs 50,000 who faces the prospect of a 25% chance of losing her Rs 26,000 jewellary.suppose her Von newmann-Morgensterm utility index is U(W)= ln(W).what is the maximum premium that she is willing to pay?

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Econometrics: A girl with a current wealth of rs 50000 who faces the
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