Araştırma Makalesi
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BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION

Yıl 2008, Cilt: 12 Sayı: 1, 22 - 27, 01.06.2008

Dimitar Dimitrakiev

Öz

The paper focuses on modern analytical techniques for construction of utility functions over prizes, where the preferences of the decision maker are strictly increasing. If chosen and applied properly these methods facilitate the analysis and guarantee precise description of the decision makers’ preferences. The paper discusses modern analytical techniques, such as a modified arctg(.) form of the utility function, which contains prior information for the most typical risk attitude over lotteries, whose prizes can be both profits and losses. Also discussed is a power approximation of the utility.

Anahtar Kelimeler

Utility function lotteries analytical approximation risk attitude local risk aversion

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Ayrıntılar

Birincil Dil Türkçe
Konular Mühendislik
Bölüm Araştırma Makalesi
Yazarlar

Dimitar Dimitrakiev Bu kişi benim

Yayımlanma Tarihi 1 Haziran 2008
Gönderilme Tarihi 14 Nisan 2014
Yayımlandığı Sayı Yıl 2008 Cilt: 12 Sayı: 1

Kaynak Göster

APA Dimitrakiev, D. (2008). BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION. Sakarya University Journal of Science, 12(1), 22-27. https://doi.org/10.16984/saufbed.40155
AMA Dimitrakiev D. BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION. SAUJS. Haziran 2008;12(1):22-27. doi:10.16984/saufbed.40155
Chicago Dimitrakiev, Dimitar. “BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION”. Sakarya University Journal of Science 12, sy. 1 (Haziran 2008): 22-27. https://doi.org/10.16984/saufbed.40155.
EndNote Dimitrakiev D (01 Haziran 2008) BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION. Sakarya University Journal of Science 12 1 22–27.
IEEE D. Dimitrakiev, “BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION”, SAUJS, c. 12, sy. 1, ss. 22–27, 2008, doi: 10.16984/saufbed.40155.
ISNAD Dimitrakiev, Dimitar. “BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION”. Sakarya University Journal of Science 12/1 (Haziran 2008), 22-27. https://doi.org/10.16984/saufbed.40155.
JAMA Dimitrakiev D. BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION. SAUJS. 2008;12:22–27.
MLA Dimitrakiev, Dimitar. “BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION”. Sakarya University Journal of Science, c. 12, sy. 1, 2008, ss. 22-27, doi:10.16984/saufbed.40155.
Vancouver Dimitrakiev D. BUILDING AN INCREASING CONTINUOUS UTILITY FUNCTION. SAUJS. 2008;12(1):22-7.

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