JSTOR Daily

Dual Formulation of the Utility Maximization Problem: The Case of Nonsmooth Utility

We study the dual formulation of the utility maximization problem in incomplete markets when the utility function is finitely valued on the whole real line. We extend the existing results in this ...
JSTOR Daily

Maximization of Nonconcave Utility Functions in Discrete-Time Financial Market Models

Mathematics of Operations Research, Vol. 41, No. 1 (February 2016), pp. 146-173 (28 pages) This paper investigates the problem of maximizing expected terminal utility in a (generically incomplete) ...
Inside Higher Ed

Math Geek Mom: Utility Maximization

Several weeks ago, an article ran in Inside Higher Ed about the interest of many graduate students in jobs that don’t include a lot of pressure to publish. Instead many were interested in jobs that ...
Insurancenewsnet.com

New Applied Mathematics Findings Reported from Sgh Warsaw School Economics (Asymptotic Optimality of a First-order Approximate Strategy for an Exponential Utility Maximization ...

2021 AUG 12 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- A new study on Mathematics - Applied Mathematics is now available. According to news reporting originating from ...