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What is a power utility function?

Lucas Martin | 2023-06-07 18:02:39 | page views：1076
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Noah Thompson

Works at Google, Lives in Mountain View, CA
In economics, the isoelastic function for utility, also known as the isoelastic utility function, or power utility function is used to express utility in terms of consumption or some other economic variable that a decision-maker is concerned with.
2023-06-14 18:02:39
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Ryan Mitchell

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In economics, the isoelastic function for utility, also known as the isoelastic utility function, or power utility function is used to express utility in terms of consumption or some other economic variable that a decision-maker is concerned with.
Isoelastic utility - Wikipedia
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