utility function

  • 121Ultimatum game — The ultimatum game is an experimental economics game in which two players interact to decide how to divide a sum of money that is given to them. The first player proposes how to divide the sum between themselves, and the second player can either… …

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  • 122Lagrange multiplier — Figure 1: Find x and y to maximize f(x,y) subject to a constraint (shown in red) g(x,y) = c …

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  • 123Rational choice theory — This article is about a theory of economics. For Rational Choice Theory as applied to criminology, see Rational choice theory (criminology). Economics …

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  • 124Gérard Debreu — Walrasian economics Born July 4, 1921(1921 07 04) Calais …

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  • 125Gossen's second law — Gossen s Second “Law”, named for Hermann Heinrich Gossen (1810 – 1858), is the assertion that an economic agent will allocate his or her expenditures such that the ratio of the marginal utility of each good or service to its price (the marginal… …

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  • 126Natural evolution strategy — Natural evolution strategies (NES) are a family of numerical optimization algorithms for black box problems. Similar in spirit to evolution strategies, they iteratively update the (continuous) parameters of a search distribution by following the… …

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  • 127Merton's portfolio problem — is a well known problem in continuous time finance. An investor with a finite lifetime must choose how much to consume and must allocate his wealth between stocks and a risk free asset so as to maximize expected lifetime utility. The problem was… …

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  • 128map (C++) — Not to be confused with Map (higher order function). C++ Standard Library fstream iomanip ios iostream sstre …

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