Utility in Microeconomics: Understanding Origins, Types & Key Uses

Discover the concept of utility in microeconomics, exploring its origins, types, and applications to analyze consumer ...
JSTOR Daily

Rationality as Conditional Expected Utility Maximization

Rationality is usually defined in terms of expected utility maximization. This paper argues for defining it in terms of conditional expected utility maximization by showing this conception's superior ...
JSTOR Daily

Maximization of Nonconcave Utility Functions in Discrete-Time Financial Market Models

Mathematics of Operations Research, Vol. 41, No. 1 (February 2016), pp. 146-173 (28 pages) This paper investigates the problem of maximizing expected terminal utility in a (generically incomplete) ...
Forbes

At Last! Portfolio Guidance Based on Expected Utility Maximization

Every week, it seems, there’s a new financial website with just the right solution for managing your money. “We’ll bucket you.” “We’ll goal you.” “We’ll de-tax you.” “We’ll balance you.” “We’ll ...
Investopedia

Expected Utility: Understanding, Calculating, and Examples

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, ...