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In economics and finance, exponential utility is a specific form of the utility function, used in some contexts because of its convenience when risk (sometimes referred to as uncertainty) is present, in which case expected utility is maximized. Formally, exponential utility is given by:
Characters, Mathematical tractability & Risk aversion characteristic
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utility risk exponential aversion function displaystyle expected vector wealth constant feature absolute example consumption maximizing sometimes case variable 1-e -ac
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Exponential utility | is a | specific form of the utility function | 0.90 | text |
| Exponential utility | related to Consumption example | For | 0.60 | section |
| Exponential utility | related to Consumption example | Then | 0.60 | section |
| Exponential utility | related to Consumption example | With | 0.60 | section |
| Exponential utility | related to Mathematical tractability | Though | 0.60 | section |
| Exponential utility | related to Mathematical tractability | CRRA | 0.60 | section |
| Exponential utility | related to Multi-asset portfolio example | Consider | 0.60 | section |
| Exponential utility | related to Multi-asset portfolio example | Suppose | 0.60 | section |
| Exponential utility | related to Multi-asset portfolio example | Then | 0.60 | section |
| Exponential utility | related to Risk aversion characteristic | Exponential | 0.60 | section |
| Exponential utility | related to Risk aversion characteristic | CARA | 0.60 | section |
| Exponential utility | related to Risk aversion characteristic | In | 0.60 | section |
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