Search Results - subject:"Utility function"

Reformulating prospect theory to become a von Neumann-Morgenstern theory

Francis, Jack Clark - In: Review of quantitative finance and accounting 56 (2021) 3, pp. 965-985

Persistent link: https://www.econbiz.de/10012498612

CAPM with various utility functions : theoretical developments and application to international data

Bedoui, Rihab; BenMabrouk, Houda - In: Cogent economics & finance 5 (2017) 1, pp. 1-21

investor preferences and attitudes toward risk. We particularly develop CAPM betas for different classes of utility function …: the negative exponential utility function, power utility function or “Constant Relative Risk Aversion (CRRA) Utilities …” and hyperbolic utility function or “HARA Utilities” (hyperbolic absolute risk aversion). In order to validate our …

Persistent link: https://www.econbiz.de/10011882295

Eliciting second-order beliefs

Bose, Subir; Daripa, Arupratan - 2017

Persistent link: https://www.econbiz.de/10011903159

An explicit representation for disappointment aversion and other betweenness preferences

Cerreia-Vioglio, Simone; Dillenberger, David; Ortoleva, … - 2018

Persistent link: https://www.econbiz.de/10012000975

Prudence and preference for flexibility gain

Danau, Daniel - 2018

Persistent link: https://www.econbiz.de/10011893871

Multiple utility constrained multi-objective programs using Bayesian theory

Abbasian, Pooneh; Mahdavi-Amiri, Nezam; Fazlollahtabar, … - In: Journal of industrial engineering international 14 (2018) 1, pp. 111-118

A utility function is an important tool for representing a DM’s preference. We adjoin utility functions to multi …-objective optimization problems. In current studies, usually one utility function is used for each objective function. Situations may arise …

Persistent link: https://www.econbiz.de/10011840734

State dependent fiscal multipliers with preferences over safe assests

Rannenberg, Ansgar - 2019

I examine the effect of fiscal policy at the zero lower bound if households have preferences over safe assets (POSA) calibrated consistent with evidence on household savings behavior and individual discount rates, and empirical estimates of the effect of the supply of US government debt on...

Persistent link: https://www.econbiz.de/10012039135

Pricing basket weather derivatives on rainfall and temperature processes

Dzupire, Nelson Christopher; Ngare, Philip; Odongo, Leo - In: International Journal of Financial Studies : open … 7 (2019) 3/35, pp. 1-14

. The agent’s risk preference is described by an exponential utility function and the prices are derived by dynamic …

Persistent link: https://www.econbiz.de/10012039713

Are governments matching citizens' demand for better lives? : a new approach comparing subjective and objective welfare measures

Corrado, Luisa; De Michele, Giuseppe - 2019

Persistent link: https://www.econbiz.de/10012200496

Farm/crop portfolio simulations under variable risk : a case study from Italy

Rosa, Franco; Taverna, Mario; Nassivera, Federico; … - In: Agricultural and Food Economics : AFE 7 (2019) 8, pp. 1-15

a quadratic programming in linearized version and the sumex utility function, which is representable as sum of products … (Nakamura, Mathematical Soc Sci 31:39–47, 1996). The linear approximation of the utility function is obtained with the MOTAD …

Persistent link: https://www.econbiz.de/10012029046