Cargando…

Utility basis of consumption and investment decisions in a risk environment

Using expectations regarding utilities to make decisions in a risk environment hides a paradox, which is called the expected utility enigma. Moreover, the mystery has not been solved yet; an imagined utility function on the risk-return plane has been applied to establish the mean-variance model, but...

Descripción completa

Detalles Bibliográficos
Autor principal: Wu, Kangping
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Nature Singapore 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9549048/
https://www.ncbi.nlm.nih.gov/pubmed/36247805
http://dx.doi.org/10.1007/s10473-022-0611-0