edwin(@edwin_teejay) 's Twitter Profile Photo

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

@RichyS1111 @ole_b_peters @matthewcford1 @Benjaminskjold 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
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Ole Peters(@ole_b_peters) 's Twitter Profile Photo

Photo just in from Benjamin skjold. New behavioral experiments completed at DRCMR in Copenhagen in collaboration with LML.

All critiques of the original experiment were taken into account to close loopholes. 70 subject, 25,000 decisions. Results out soon.

Photo just in from @Benjaminskjold. New behavioral experiments completed at @DRCMR_MRI in Copenhagen in collaboration with @LdnMathLab.

All critiques of the original experiment were taken into account to close loopholes. 70 subject, 25,000 decisions. Results out soon.
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Matthew Ford(@matthewcford1) 's Twitter Profile Photo

@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

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