We consider the multilinear form of the utility function
and show the results for a two-attribute problem, although the result is generalizable for more attributes using the same principles.
Therefore, the uplink utility function
is introduced to evaluate the network performance under different uplinks with different transmission distances.
The utility function
of an individual under coercion from the full social income maximizes when the rate of technical substitution in consumption (the slope of the curve of indifference of the maximizer individual, denoted Ui) is equal to the technical rate of substitution in production (slope of the curve of production possibilities, denoted CPP, of the maximizer individual), i.e.
However, in the small, a change in the utility function
u(y) that increases the Schwarzian measure results in a utility function
that dislikes any change in the distribution for income that induces an increase in downside risk for the distribution of u(y), while inducing an unfavorable change in its skewness.
In this paper, the utility function
for the principal is exponential function and the utility function
for the agent is linear function.
The posterior distribution of covariance matrix [summation] describes the shape of the utility function
in each direction and the uncertainty in terms of magnitude.
of [U.sub.i] (p) is continuous and quasi convex in p.
In these circumstances, second order expectations infiltrate the utility function
and create a more realistic picture.
To accommodate for this cost, the Utility Function
can be modified to include a cost penalty in the terms of a cost per 'util' - units of utility.
The GPS location of each parking spot, current occupation status, and related parking information that is required to calculate the utility function
is also transferred to the personal navigation device.
In this paper, we assume that the utility function
of each customer, when the impatience degree is [theta] and quoted lead time is d;, is given by
However, the analytical solutions to the above HJB equations can be derived when the utility function
is a HARA function .