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Chapter 17: Risk and UncertaintyAnimated GraphicsEach graphic opens in a new browser window. Note: These animations may take some time to load.Graph 17.1ab Relation of "Utility" to "Consumption" Voice-Over Graph 17.2abcRisk Aversion, Risk Neutrality and Risk Loving Voice-Over Graph 17.3Certainty Equivalent and Risk Premium Voice-Over Graph 17.4abcBuying Actuarily Fair Insurance Voice-Over Graph 17.5abcActuarily Unfair Insurance Voice-Over Graph 17.6abConsumption in Different "States" Voice-Over Graph 17.7Risk Averse Indifference Curves when "Only Money Matters" Voice-Over Graph 17.8Insurance Choice when Utility is "State-Dependent" Voice-Over Graph 17.9abcA Simple Economy with Risk Voice-Over Graph 17.10abEquilibrium Contracts with No Aggregate Risk Voice-Over Graph 17.11abEquilibrium with Aggregate Risk Voice-Over |