Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

This paper concerns utility functions for more than one attribute. A new type of risk aversion found only in multivariate utility functions is defined. Certain behavioral assumptions, which are ...

The Rhode Island Department of Public Utilities (DPU) is in the midst of an important series of hearings regarding the future of the state’s electric grid. The goals are three-fold: Control the ...

Certainty equivalence (CE) and probability equivalence (PE) methods are the two most frequently used procedures for constructing von Neumann-Morgenstern utility functions. In this paper, we compare ...