If the utility of money m for an agent is log(m), then that agent is a
a. Risk-prone agent
b. Risk-averse agent
c. Risk-neutral agent
If the utility of money m for an agent is log(m), then that agent is a a. Risk-prone agent b. …
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If the utility of money m for an agent is log(m), then that agent is a
a. Risk-prone agent
b. Risk-averse agent
c. Risk-neutral agent
Answer: a. Risk-prone agent