Title : ( Generalizations Of Bernoullis Inequality With Utility-Based Approach )
Authors: Alireza Hoseinzadeh , Gholam Reza Mohtashami Borzadaran , Gholamhosein Yari ,
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Abstract
Utility function is one of the most useful tools in mathematical nance, deci-sion analysis and economics. The concept of expected utility is used in economics to describe the behavior of a decision-maker choosing between a certain number of random gains. In this paper, some generalizations of the Bernoullis inequality are derived by using methods from the utility theory. In particular, we obtain Harmonic-Geometric-Arithmetic mean inequality and give a generalization of it.
Keywords
, Utility function, Bernoullis inequality, Shannon entropy
@article{paperid:1039737,
author = {Alireza Hoseinzadeh and Mohtashami Borzadaran, Gholam Reza and Gholamhosein Yari},
title = {Generalizations Of Bernoullis Inequality With Utility-Based Approach},
journal = {Applied Mathematics E-Notes},
year = {2013},
volume = {13},
number = {1},
month = {January},
issn = {1607-2510},
pages = {212--220},
numpages = {8},
keywords = {Utility function; Bernoullis inequality; Shannon entropy},
}
%0 Journal Article
%T Generalizations Of Bernoullis Inequality With Utility-Based Approach
%A Alireza Hoseinzadeh
%A Mohtashami Borzadaran, Gholam Reza
%A Gholamhosein Yari
%J Applied Mathematics E-Notes
%@ 1607-2510
%D 2013
