| bibtype |
C -
Conference Paper (international conference)
|
| ARLID |
0369897 |
| utime |
20240111140806.9 |
| mtime |
20120120235959.9 |
| WOS |
000309074600104 |
| title
(primary) (eng) |
Separable Utility Functions in Dynamic Economic Models |
| specification |
| page_count |
6 s. |
| media_type |
CD Rom |
|
| serial |
| ARLID |
cav_un_epca*0369896 |
| ISBN |
978-80-7431-058-4 |
| title
|
Proceedings of the 29th International Conference Mathematical Methods in Economics |
| part_title |
Part II |
| page_num |
629-634 |
| publisher |
| place |
Praha |
| name |
University of Economics, Prague, Faculty of Informatics and Statistics |
| year |
2011 |
|
| editor |
| name1 |
Dlouhý |
| name2 |
Martin |
|
| editor |
| name1 |
Skočdopolová |
| name2 |
Veronika |
|
|
| keyword |
utiliy functions |
| keyword |
decision under uncertainty |
| keyword |
dynamic economic models |
| author
(primary) |
| ARLID |
cav_un_auth*0101196 |
| name1 |
Sladký |
| name2 |
Karel |
| full_dept (cz) |
Ekonometrie |
| full_dept (eng) |
Department of Econometrics |
| department (cz) |
E |
| department (eng) |
E |
| institution |
UTIA-B |
| full_dept |
Department of Econometrics |
| fullinstit |
Ústav teorie informace a automatizace AV ČR, v. v. i. |
|
| source |
|
| cas_special |
| project |
| project_id |
GAP402/11/0150 |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0273629 |
|
| project |
| project_id |
GAP402/10/0956 |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0263482 |
|
| project |
| project_id |
GAP402/10/1610 |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0263483 |
|
| research |
CEZ:AV0Z10750506 |
| abstract
(eng) |
In this note we study properties of utility functions suitable for performance evaluation of dynamic economic models under uncertainty. At first, we summarize basic properties of utility functions, at second we show how exponential utility functions can be employed in dynamic models where not only expectation but also the risk are considered. Special attention is focused on properties of the expected utility and the corresponding certainty equivalents if the stream of obtained rewards is governed by Markov dependence and evaluated by exponential utility functions. |
| action |
| ARLID |
cav_un_auth*0277639 |
| name |
29 mezinárodní konference matematické metody v ekonomii 2011 |
| place |
Janská Dolina |
| dates |
06.08.2011-09.08.2011 |
| country |
SK |
|
| reportyear |
2012 |
| RIV |
AH |
| num_of_auth |
1 |
| permalink |
http://hdl.handle.net/11104/0203855 |
| arlyear |
2011 |
| mrcbU34 |
000309074600104 WOS |
| mrcbU56 |
textový soubor 23 MBytes |
| mrcbU63 |
cav_un_epca*0369896 Proceedings of the 29th International Conference Mathematical Methods in Economics Part II 978-80-7431-058-4 629 634 Proceedings of the 29th International Conference Mathematical Methods in Economics Praha University of Economics, Prague, Faculty of Informatics and Statistics 2011 |
| mrcbU67 |
Dlouhý Martin 340 |
| mrcbU67 |
Skočdopolová Veronika 340 |
|