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S-Shaped Utility Curves, Poverty, and Risk-Taking

Conversable Economist · published 25 September 2026

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https://www.cambridge.org/core/journals/behavioral-and-brain-sciences/article/explaining-the-paradoxical-effects-of-poverty-on-risk-taking-the-desperation-threshold-model/32D981E9D66FA63FE9BE36C5A0659822

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