效用函数在金融学中的应用

Application of Utility Function in Finance

在经济分析中,效用函数用来描述偏好关系。效用函数的不同形式在不同的实际问题中能起到简化问题的作用。介绍了效用函数的幂函数形式和指数函数形式,讨论它们解决问题的方式。最后讨论了效用函数在购买保险中的应用。

In the economic analysis, utility function is used to describe the preference relation. The different forms of utility function can play a role in simplifying the problem in different practical problems. This paper describes the power function and exponential function forms of the utility function, discussing their problem - solving approach. This paper discusses the application of the utility function in the purchase of insurance.