Expected Utility Maximization with Truncated Distributions

Autor:	Dermot J. Hayes, Yong Sakong
Rok vydání:	1995
Předmět:	Mean value theorem (divided differences) Economics Production (economics) Expected utility maximization Von Neumann–Morgenstern utility theorem General Economics Econometrics and Finance Mathematical economics Futures contract Expected utility hypothesis
Zdroj:	International Economic Journal. 9:35-48
ISSN:	1743-517X 1016-8737
Popis:	The behavior of an expected utility-maximizing agent with access to both futures and options markets and who faces both price and production uncertainty is examined. Results are compared with those without production uncertainty and for the meanvariance case. [D1]
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8bc65f39263661cefd376feda7e43bc3 https://doi.org/10.1080/10168739500000018 Zobrazit plný text záznamu