utility function उदाहरण वाक्य
उदाहरण वाक्य
- This feature explains why the exponential utility function is considered unrealistic.
- Conversely, every utility function can be used to construct a unique preference relation.
- Later standalone programs typically were provided for utility functions such as disk formatting.
- A simple proof assuming differentiable utility functions and production functions is the following.
- That is, there is no real-valued representation of a utility function.
- Second, because the utility function is concave, households prefer a smooth consumption path.
- The expenditure function is the inverse of the indirect utility function:
- In contrast, a cardinal utility function is only unique up to positive affine transformation.
- Given the connection to utility functions, it can be used in utility maximization problems.
- An agent possesses risk aversion if and only if the utility function is concave.