Different Assumptions,Different Conclusions Everyone has the same utility function,different opportunities to earn money.->DMU across people Everyone has the same opportunities to earn money,different utility functions.->Rich have a higher value for an additional dollar than poor That is why they are rich Different Assumptions, Different Conclusions • Everyone has the same utility function, different opportunities to earn money. —> DMU across people • Everyone has the same opportunities to earn money, different utility functions. —>Rich have a higher value for an additional dollar than poor That is why they are rich