Benjamin skjold Nicholas Fribert AFC Wimbledon Jonatan Grau Møller Sture Sandø Hello mate! Can’t wait your current flag is like a stamp at ours🤪. Greetings from the #SweDons COME ON YOU DONS!!!
Henke P Benjamin skjold AFC Wimbledon Nicholas Fribert There are big flags and then there are big flags...
RichyS Ole Peters Matthew Ford Benjamin skjold Note that long-term growth maximization as a justification for logarithmic utililty is almost as old as modern EUT.
That's one of the reasons why it's often used as a baseline - even though people is usually even more risk-averse.
jstor.org/stable/1825390
jstor.org/stable/2326680
Ole Peters Benjamin skjold I tried to explain something similar here
x.com/pmontu33/statu…
@residualnought Ole Peters Benjamin skjold If you’re interested in my thoughts on ergodicity economics you can find them here papers.ssrn.com/sol3/papers.cf… . But my original reply wasn’t about EE; it was about how economics does have an explanation for insurance which the blog doesn’t mention