This assumption is in the Raiffa and Schlaifer (1961, p. 72) spirit of using ‘a little ingenuity. . . to find a tractable function’ to quantify risk-preferences and probability judgments so as to make the analysis feasible.
Just one fix!
Yiddish is a High German language …
A building comprising granary and corn-store and machinery under, provided with the requisites to be worked by a water-wheel 20 ft. diameter; also, cyder-store, wring-house, and apple-loft over, is attached to a mill-stream adjacent, close to the homestead at a much lower level[…]
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