On the Recoverability of Risk and Time Preferences from Consumption and Asset Demands
Abstract
We establish sufficient conditions for the recoverability and uniqueness of utility functions (preferences) generating consumption and asset demands in a two-period setting under uncertainty.
Citation
Polemarchakis, Herakles, and Larry Selden. "On the Recoverability of Risk and Time Preferences from Consumption and Asset Demands." European Economic Review 26 (1984): 115-133.
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