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log utility造句

例句與造句

  1. As indicated above, it is not confirmed by models with log utility.
  2. In other words, with log utility the cost of fluctuations is equal to one half the variance of the natural logarithm of consumption.
  3. The Kelly criterion gives rise to the same portfolio decisions as does the maximization of the expected value of the log utility function as described above.
  4. Malinvaud replies that this is not the case, and suggests that Koopmans look at the example with log utility functions and Cobb-Douglas production functions.
  5. Note that the log utility function, unlike the power utility function, did not require the assumption of intertemporal independence of returns to obtain intertemporal independence of portfolio decisions.
  6. It's difficult to find log utility in a sentence. 用log utility造句挺難的
  7. Like the log utility function, the power utility function for any value of the power parameter exhibits constant relative risk aversion, a property that tends to cause decisions to scale up proportionately without change as initial wealth increases.
  8. Paul Samuelson showed long ago that exactly one utility function in intertemporal problems like this causes it to be optimal to make one period's decision independently of the outcomes of the previous periods'investment : namely the log utility function of Bernoulli : Maximize E ln ( W _ N ).
  9. For example, with natural log utility, a millionaire ( $ 1, 000, 000 ) should be willing to pay up to $ 20.88, a person with $ 1, 000 should pay up to $ 10.95, a person with $ 2 should borrow $ 1.35 and pay up to $ 3.35.

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