Performance-based regulation is in vogue in utility regulatory circles. But like the beer with the same acronym, Pabst Blue ...
This essay considers some limitations of the assumption of utility maximization (Max U) as an explanation of human action. Leading promoters of the assumption explicitly avoid the question of ...
Abstract: Network utility maximization (NUM) addresses the problem of allocating resources fairly within a network and explores the ways to achieve optimal allocation in real-world networks. Although ...
Climate change is raising the risk of blazes that are started by power lines and other utility equipment in many parts of the U.S. besides California. By Ivan Penn Reporting from Otis and Portland in ...
Ask the publishers to restore access to 500,000+ books. An icon used to represent a menu that can be toggled by interacting with this icon. A line drawing of the Internet Archive headquarters building ...
ABSTRACT: This paper describes optimal investment strategies for kinked utility functions. One example is a CRRA utility function with a kink at a maximum wealth, which leads a covered call “like” ...
M. Yamashita, "Optimal Investment Strategy for Kinked Utility Maximization: Covered Call Option Strategy," Journal of Mathematical Finance, Vol. 4 No. 2, 2014, pp. 55-74. doi: 10.4236/jmf.2014.42006.
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