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Choice in the Lottery-Insurance Situation Augmented-Income Approach

Young Chin Kim

The Quarterly Journal of Economics · 1973 · Volume 87 · Issue 1

DOI: 10.2307/1885231

Abstract

I. Introduction, 148. — II. The model, 150. — III. The nature of market imperfections, 152. — IV. Summary and implications, 153.

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