--%>

What is a Utility Function

What is a Utility Function?

E

Expert

Verified

A utility function shows the ‘worth,’ ‘satisfaction’ or ‘happiness’ associated with goods, events, services, outcomes and levels of wealth.

   Related Questions in Financial Management

  • Q : Banks primary reserves What are a

    What are a bank's primary reserves? When the Fed sets reserve requirements, what is its primary goal?

  • Q : Time value of money You are trying to

    You are trying to save to buy a new $150,000 Ferrari. You have $40,000 today that can be invested at your bank. The bank pays 5.5% annual interest rate on its accounts. How long will it be before you have enough to buy the car?

  • Q : Online quiz hi the link is

    hi the link is https://myelearning.cavehill.uwi.edu/login/index.php login: 411002468 pass- ls@2014 go into financial management 2 course, the quiz will be from week 1-5 lecture

  • Q : Explain actual volatility with desmond

    Explain actual volatility with desmond fitzgerald calls.

  • Q : Finance $100 is received at the

    $100 is received at the beginning of year 1, $200 is received at the beginning of year 2, and $300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is ________.

  • Q : Capital Asset Pricing Model and

    Explain Capital Asset Pricing Model returns on individual assets and Arbitrage Pricing Theory returns on investments.

  • Q : Explain different approaches to

    Explain different approaches to modelling in Quantitative Finance.

  • Q : Determine value of put option with same

    Stock price is $98; and European call option struck at $100 along with an expiration of nine months has a value of $9.07. There nine-month, compounded continuously, interest rate is 4.5%. So find out the value of the put option with the same strike and expirat

  • Q : Economic agents- hedgers and speculators

    In order for a derivatives market to function two kind of economic agents are required: hedgers & speculators. Describe.Two kinds of market participants are essential for the operation of a derivatives market: speculators & hedgers.

  • Q : European Sovereign-Debt Crisis Describe

    Describe the present economic crisis situation in Europe.