I have a Utility Function:
U(x_t,x_t+1) = ln(x_t) + E_t(ln(x_t+1))
I want to find the F.O.C
I need to know:
U'(x_t+1)
U'(x_t)
Can any1 help me do that?
I have a Utility Function:
U(x_t,x_t+1) = ln(x_t) + E_t(ln(x_t+1))
I want to find the F.O.C
I need to know:
U'(x_t+1)
U'(x_t)
Can any1 help me do that?
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