The problem is that Rawls asserts that everyone is maximally risk-averse.
I don’t think Rawls makes that assertion. Rawls does presume some amount of risk aversion, but it seems highly inaccurate to say that Rawls asserts that “everyone is maximally risk-averse.”
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The problem is that Rawls asserts that everyone is maximally risk-averse.
I don’t think Rawls makes that assertion. Rawls does presume some amount of risk aversion, but it seems highly inaccurate to say that Rawls asserts that “everyone is maximally risk-averse.”
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