Substitution and Risk Aversion: Is Risk Aversion Important for Understanding Asset Prices? (original) (raw)

Substitution, Risk Aversion and Asset Prices: An Expected Utility Approach

Benjamin Eden

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1SUBSTITUTION and Risk Aversion: Is Risk Aversion Important for Understanding Asset PRICES?1

Benjamin Eden

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Substitution and Risk Aversion: Is Risk Aversion Important for Understanding Asset Prices? 1

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