Utility in economics refers to the level of happiness or satisfaction of individuals. Individuals derive utility from the consumption of goods and services, and seek to maximize their utility under ...

In this paper, we introduce a conceptual framework that model human social networks as an undirected dot-product graph of independent individuals. Their relationships are only determined by a ...

M. Yamashita, "Optimal Investment Strategy for Kinked Utility Maximization: Covered Call Option Strategy," Journal of Mathematical Finance, Vol. 4 No. 2, 2014, pp. 55-74. doi: 10.4236/jmf.2014.42006.

Mathematics of Operations Research, Vol. 41, No. 1 (February 2016), pp. 146-173 (28 pages) This paper investigates the problem of maximizing expected terminal utility in a (generically incomplete) ...

Abstract: This paper examines a linear programming (LP) formulation of the network utility maximization problem. Such an LP formulation is inspired by a convex relaxation technique in the study of ...

Abstract: F.P. Kelly et. al. have proposed the aggregate utility maximization framework for fair bandwidth sharing among competing elastic demands. This paper advocates extending of the aggregate ...