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characterization of utilities 1 completely monotone utilities 1 mixed exponential utilities 1 utility function estimation 1
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Brockett, Patrick L. 1 Golden, Linda L. 1
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A Class of Utility Functions Containing all the Common Utility Functions
Brockett, Patrick L.; Golden, Linda L. - In: Management Science 33 (1987) 8, pp. 955-964
This paper presents a class of utility functions (class A<sub>\infty </sub>) that contains all of the utility functions commonly used for mathematical modeling: the class consisting of those utility functions whose derivatives alternate in sign. A simple representation via mixtures of exponential utilities...
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