³⁶Other approximations are better for consumers who are highly impatient, relative to their unemployment risk; in this case a better approximation to (76) is obtained by rewriting it as $( ) ζΦΦΦ = Rκℵ1∕ρ ℵ− 11 + 11∕ρ$ and approximating using $(1+ ℵ− 1)1∕ρ ≈ 1+ ρ− 1ℵ −1 + ρ−1(ρ−1 − 1)ℵ−2∕2$ .