Appendix A - Additive Utility Representations
Published online by Cambridge University Press: 06 February 2025
Summary
This appendix develops the foundations of additive utility functions and characterizes properties such as concavity and scale/translation invariance, and related notions of risk aversion.
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- Information
- Theoretical Foundations of Asset Pricing , pp. 187 - 205Publisher: Cambridge University PressPrint publication year: 2025