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However, when consumption takes place only at (t=1) so that the risk-free assets' prices are exogenous and chosen to be equal, price equality can be established for linear marginal utility as well.
In addition to its right to regulate the sale, export or restoration of any property that is more than 50 years old and has artistic value, the state has the authority to acquire any such object that is being privately sold, as long as it pays an equal price.
Open image in new window Fig. 3 Conditions for equal price when changing the weight put on consumer surplus and revenues.
Eventually, also in the case with consumption only at (t=1), a zero risk-free rate leads equal price vectors for the two economies.
In the Netherlands, insulin detemir and glargine are in one cluster and are of equal price.
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Different from Kruschwitz and Löffler (2009) I find that one only needs equal prices of the risk-free assets and price equality of risky assets follow.
If insurers moved to equal pricing, then people less prone to accidents would subsidize those who created the losses.
After researching United's customer commitment — which guarantees equal prices online and over the phone — he finally got through to a United manager who matched the price for the Hawaii tickets he found on United.com.
It is only necessary to pick equal prices of the risk-free assets in both economies.
I show that, for any tax economy, there is a no-tax economy with equal prices.
end{aligned} (97 With equal prices so that also (R_mathrm{f}^*=R_mathrm{f}), Eqs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com