We study utility maximization for power utility random fields with and without intermediate consumption in a general semimartingale model with closed portfolio constraints. We show that any optimal ...

Discover the concept of utility in microeconomics, exploring its origins, types, and applications to analyze consumer ...

Every week, it seems, there’s a new financial website with just the right solution for managing your money. “We’ll bucket you.” “We’ll goal you.” “We’ll de-tax you.” “We’ll balance you.” “We’ll ...

This is a preview. Log in through your library . Abstract This paper shows how the problem of predicting traveler behavior may be approached in terms of economic utility theory. A general utility ...