Search Results - subject:"utility function"

The concept of a behavioral model of decision-making under risk

Falkiewicz, Ewa - In: Statistics in transition : an international journal of … 26 (2025) 4, pp. 167-183

value of the utility function of the benefits resulting from making a decision in a possible world state. The behavioral …

Persistent link: https://www.econbiz.de/10015596308

Some notes on Savage's representation theorem

Frahm, Gabriel; Hartmann, Lorenz - In: Theory and decision : an international journal for … 98 (2025) 1, pp. 85-93

Persistent link: https://www.econbiz.de/10015333320

The Saint Petersburg paradox and its solution

Mattalia, Claudio - In: Risks : open access journal 13 (2025) 2, pp. 1-19

This article describes the main historical facts concerning the Saint Petersburg paradox, the most important solutions proposed thus far, and the results of new experimental evidence and a simulation of the game that shed light on a solution for this paradox. The Saint Petersburg paradox has...

Persistent link: https://www.econbiz.de/10015334556

Designing of an investment trust : theoretical foundations

Takata, Fujio - 2026

Persistent link: https://www.econbiz.de/10015604924

The economics of risk sharing in discrete time with translation invariant recursive utility

Aase, Knut K. - 2025

Persistent link: https://www.econbiz.de/10015473078

On Specimen Theoriae Novae de Mensura Sortis of Daniel Bernoulli

Modesti, Paola - In: Decisions in economics and finance : a journal of … 48 (2025) 1, pp. 775-793

Persistent link: https://www.econbiz.de/10015593617

A user's guide to economic utility functions

Phelps, Charles E. - In: Journal of risk and uncertainty 69 (2024) 3, pp. 235-280

Persistent link: https://www.econbiz.de/10015195591

Optimal portfolio analysis using power and natural logarithm utility functions with e-commerce data

Diyanti, Apni; Ansori, Moch. Fandi; Hariyanto, Susilo; … - In: International Journal of Financial Studies : open … 13 (2025) 3, pp. 1-29

, including the power utility function, the natural logarithm utility function, and a combination of both, to capture varying … utility function that failed to produce closed-form solutions was solved through the use of a numerical method to approximate … each utility function, providing investors with a structured framework for determining optimal portfolio weights consistent …

Persistent link: https://www.econbiz.de/10015457497

Separating discounting from changing utility

Webb, Craig S. - 2026

Persistent link: https://www.econbiz.de/10015638829

Behavioral dynamic portfolio selection with S-shaped utility and epsilon-contaminations

Cinfrignini, Andrea; Petturiti, Davide; Vantaggi, Barbara - In: European journal of operational research : EJOR 325 (2025) 3, pp. 500-515

Persistent link: https://www.econbiz.de/10015433318