Got it, thanks!
Best regards,
Naveed
On Sunday, September 19, 2021, 07:37:55 PM GMT+5, Johannes Haushofer
<haushofer@xxxxxxxxx> wrote:
Dear all,the video for lecture 4 is now on the course website
(haushofer.ne.su.se/ec2303/). I've replaced the graphical explanation for why a
concave utility function implies that people prefer insurance with something
that's hopefully slightly clearer. Please let me know if you have
questions.Happy weekend,Johannes