Search Results - subject:"Utility functions"

Did you mean: subject:"Utility function" (6,959 results)

ASSESSMENT OF TRANSMISSION CONGESTION PRICE RISK AND HEDGING IN THE BRAZILIAN ELECTRICITY MARKET

Porrua, Fernando; Barroso, Luiz; Junqueira, Max; … - EconWPA - 2005

by Utility Functions (UFs), the pricing of cross-zones contracts are determined. The approach will be illustrated with …

Persistent link: https://www.econbiz.de/10005126100

Mutually altruistic trends in resources allocation

Vadasz, Peter - In: Physica A: Statistical Mechanics and its Applications 347 (2005) C, pp. 653-672

as an explicit example of such apparent paradoxes. Bergstrom's discovery of a transition point in utility functions that … altruistic) between consumers, and to general utility functions. …

Persistent link: https://www.econbiz.de/10010590455

Dynamic Models Incorporating Individual Heterogeneity: Utility Evolution in Conjoint Analysis

Liechty, John C.; Fong, Duncan K. H.; DeSarbo, Wayne S. - In: Marketing Science 24 (2005) 2, pp. 285-293

It has been shown in the behavioral decision making, marketing research, and psychometric literature that the structure underlying preferences can change during the administration of repeated measurements (e.g., conjoint analysis) and data collection because of effects from learning, fatigue,...

Persistent link: https://www.econbiz.de/10008787642

Increasing quasiconcave co-radiant functions with applications in mathematical economics

Martínez-Legaz, Juan Enrique; Rubinov, Alexander M.; … - In: Computational Statistics 61 (2005) 2, pp. 261-280

production functions and utility functions are discussed. Copyright Springer-Verlag 2005 …

Persistent link: https://www.econbiz.de/10010759356

Constraints, Compromises, and Decision Making

Goertz, Gary - In: Journal of Conflict Resolution 48 (2004) 1, pp. 14-37

noncompensatory perspective is formalized in terms of a class of utility functions. Finally, these poliheuristic, noncompensatory … utility functions are contrasted with those typically used in the literature on spatial modeling. …

Persistent link: https://www.econbiz.de/10010802168

Optimization Under First Order Stochastic Dominance Constraints

Dentcheva, Darinka; Ruszczynski, Andrzej - EconWPA - 2004

corresponding to stochastic dominance constraints are piecewise constant nondecreasing utility functions. These results extend our …

Persistent link: https://www.econbiz.de/10005556746

Portfolio Optimization With Stochastic Dominance Constraints

Dentcheva, Darinka; Ruszczynski, Andrzej - EconWPA - 2004

utility functions. Numerical illustration is provided. …

Persistent link: https://www.econbiz.de/10005561562

Arbitrary small indivisibilities

Florig, Michael - In: Economic Theory 22 (2003) 4, pp. 831-843

Arbitrary small indivisibilities may play an important role when the strong survival assumption does not hold. A hierarchic price is a finite ordered family of price vectors <InlineEquation ID="Equ1"> <EquationSource Format="TEX"><![CDATA[$\{p_1,\ldots ,p_k\}$]]></EquationSource> </InlineEquation>. It extends the notion of exchange values proposed by Gay [15]. These price notions were introduced in order to...</equationsource></inlineequation>

Persistent link: https://www.econbiz.de/10005371167

Existence and optimality of oligopoly equilibria in linear exchange economies

Bonnisseau, Jean-Marc; Florig, Michael - In: Economic Theory 22 (2003) 4, pp. 727-741

Persistent link: https://www.econbiz.de/10005596664

The Pearson system of utility functions

LiCalzi, Marco; Sorato, Annamaria - EconWPA - 2003

This paper describes a parametric family of utility functions for decision analysis. The parameterization is obtained … by embedding the HARA class in a four-parameter representation for the risk aversion function. The resulting utility … functions have only four shapes: concave, convex, S-shaped, and reverse S-shaped. This makes the family suited for both expected …

Persistent link: https://www.econbiz.de/10005118574