Risk Averse Function

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Bachelors Degree Corporate Finance Note on Risk Averse Function, created by Ivy G on 22/04/2015.
Ivy G
Note by Ivy G, updated more than 1 year ago
Ivy G
Created by Ivy G over 9 years ago
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Resource summary

Page 1

Concave functionrepresent RISK AVERSEx3 = 0.5( x1+x2)but f(x3) > 0.5( f(x1) + f(x2) )

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