Discover Suppes' derivation of the logarithmic function as a consumer's utility function on income levels. Explore the role of comparison relations and axioms in characterizing this representation.

In this problem, the optimal path is one that maximizes the expected utility, with the utility function being piecewise-linear and concave. Such a utility function can be used to approximate nonlinear ...

At first glance it seems that any (non-decreasing) utility function would point to the log-optimal portfolio, at least in the limit. This is known not to be the case. In this work we identify ...

Many real-world problems can be formulated as multiple-objective linear programming (MOLP) problems. In the search for the best compromise solution for conflicting and noncommensurate objectives, a ...

G Dutta, S Basu, J John, Development of utility function for life insurance buyers in the Indian market, The Journal of the Operational Research Society, Vol. 61, No. 4 (April 2010), pp. 585-593 ...