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Nicholas Decker 🏳️🌈🌐🇺🇦 @captgouda24 on x 20.1K followers
Created: 2025-07-27 14:39:29 UTC
Suppose that the marginal utility of wealth is declining. Every additional dollar becomes less and less important. It is easy to see that this generates risk aversion — we would regard a loss as bigger than an equally sized gain.
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