I don’t think Rawls makes that assertion. Rawls does presume some amount of risk aversion, but it seems highly inaccurate to say that Rawls asserts that “everyone is maximally risk-averse.”
I don’t think Rawls makes that assertion. Rawls does presume some amount of risk aversion, but it seems highly inaccurate to say that Rawls asserts that “everyone is maximally risk-averse.”