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Nick's avatar

Thank you. Do you share the spreadsheets of these models ?I'd be interested in getting a feel of how these optimums happen.

With a wink to https://www.econlib.org/no-... :)

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RobinHanson's avatar

It is not insurance, but having worked with math models of such situations, my intuition is that the optimum will be close to having these equal, the difference being due to one or more elasticities near one.

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