THE USE OF UNBOUNDED UTILITY FUNCTIONS IN EXPECTED-UTILITY MAXIMIZATION: COMMENT.

The article presents information on the use of unbound utility functions in expected-utility maximization. The purpose of this article is to examine the practical limitations on the use of unbounded utility functions. The conclusion is reached that only under highly improbable conditions concerning...

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Publicado en:	Quarterly Journal of Economics Vol. 88; no. 1; pp. 133 - 136
Autor principal:	Ryan, Terence M.
Formato:	Artículo
Publicado:	Oxford University Press / USA Feb74
Materias:	Utility functions Maximum principles (Mathematics) Polynomials Economics Probability theory Mathematical functions Functional analysis
Acceso en línea:	Ver este registro en EBSCOhost