THE UNCERTAINTY IN RISK: IS VARIANCE UNAMBIGUOUS?

Authors

  • Jon M. Joyce,

  • Robert C. Vogel

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    • Both Assistant Professors of Economics at Wesleyan University. We wish to thank Richard Gross and James Elston for computational assistance, and Stanley Lebergott, Richard Miller, Jon Rasmussen, Thomson Whitin and Robert Willis for helpful comments. The responsibility for any remaining errors is of course ours

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