Dominated asset
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Dominated asset is An asset that offers an inferior return compared to another asset in all possible realizations of future uncertainty. Double coincidence of wants]]. A situation in which two individuals each have precisely the good that the other wants.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Dominated asset. An asset that offers an inferior return compared to another asset in all possible realizations of future uncertainty. Double coincidence of wants]]. A situation in which two individuals each have precisely the good that the other wants.
