Answers
Tastes of a Cocaine Addict: Fred is addicted to cocaine. Suppose we want to model his tastes over cocaine and other goods. A: I propose to model his tastes in the following way: For any two bundles A and B of “grams of cocaine” and “dollars of other cons
- Course
- Institution
Tastes of a Cocaine Addict: Fred is addicted to cocaine. Suppose we want to model his tastes over cocaine and other goods. A: I propose to model his tastes in the following way: For any two bundles A and B of “grams of cocaine” and “dollars of other consumption,” I will assume that Fred alw...
[Show more]