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gains and report greater propensities to consume. A standard optimal consumption choice model, enriched with a rational but …
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gains and report greater propensities to consume. A standard optimal consumption choice model, enriched with a rational but …
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an objective function that may be household expected utility. We show how to derive a target criterion that is 1 … setting, in which the objective of policy is to maximize household expected utility. -- optimal policy ; target criterion …
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