Friedman and Johnson (1997) show that for a wide range of dynamic optimization problems, supermodularity is both necessary and sufficient for monotone static results. In the present context, this implies that our supermodular model requires the minimum set of assumptions to obtain monotonicity in the optimal decision variables.
2
The evidence presented here needs to be supplemented with information about inter- and intrafamily income transfers. This issue was addressed in a follow-up survey, but analysis of the results is not yet complete.
Managing risk taking and decision making is a big challenge for young adults for they will look beyond the facts at the underlying gist of the situation. They will use qualitative thinking to examine and weigh the risk or consequences of their option and be able to say if it is worth the risk.
Moreover, young adults also uses insights and wisdom especially when dealing with risk and in situation where decision making is to be done because options can also means liabilities.
Im not sure but ill message u the answer when i get it