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Journal Article Safety First and Hedging Get access Lester G. Telser Lester G. Telser Chicago Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 23, Issue 1, 1955, Pages 1–16, https://doi.org/10.2307/2296146 Published: 01 April 1955
Lester G. Telser (Sat,) studied this question.