One-switch utility functions with annuity payments
نویسندگان
چکیده
This paper derives the functional forms of multiattribute utility functions that lead to a maximum of one-switch change in preferences between any two uncertain and multiperiod cash flows as the decision maker’s wealth increases through constant annuity payments. We derive the general and continuous non-constant solutions of the corresponding functional equations. 2013 Elsevier Inc. All rights reserved.
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ورودعنوان ژورنال:
- Applied Mathematics and Computation
دوره 219 شماره
صفحات -
تاریخ انتشار 2013