Optimal Saving by Expected Utility Operators
This paper studies an optimal saving model in which risk is represented by a fuzzy number and the total utility function of the model is defined by an expected utility operator. This model generalizes some existing possibilistic saving models and from them, by a particularization, one can obtain new...
Main Authors: | Irina Georgescu, Jani Kinnunen |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-02-01
|
Series: | Axioms |
Subjects: | |
Online Access: | https://www.mdpi.com/2075-1680/9/1/17 |
Similar Items
-
A Portfolio Choice Problem in the Framework of Expected Utility Operators
by: Irina Georgescu, et al.
Published: (2019-07-01) -
Connecting possibilistic prudence and optimal saving
by: Ana María Lucia Casademunt, et al.
Published: (2013-12-01) -
Household Saving in Crisis – Literature Review
by: Anna Korzeniowska
Published: (2023-11-01) -
Agricultural Precautionary Wealth
by: Farrell E. Jensen, et al.
Published: (2004-04-01) -
The influence of uncertain expectations on Chinese rural residents’ consumer behavior decisions: Theoretical analysis and empirical test
by: Lina Han, et al.
Published: (2023-01-01)