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  3. Study Set
    Risk Management
  4. Exam
    Exam 3: Risk Attitudes: Expected Utility Theory and Demand for Hedging
  5. Question
    In the Utility Theory, Under the Assumption of _____, Individuals
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In the Utility Theory, Under the Assumption of _____, Individuals

Question 24

Question 24

Short Answer

In the utility theory, under the assumption of _____, individuals' preferences avoid any kind of circularity.

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