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Title: | A NOTE ON JENSEN'S INEQUALITY INVOLVING MONETARY UTILITY FUNCTIONS |
Authors: | IDDRISU, M. M. NANTOMAH, K. ABE-I-KPENG AND, G. |
Keywords: | convex, concave, quasiconvex and quasiconcave functions |
Issue Date: | 2018 |
Abstract: | In this note, we extend the results in [8] and establish that Jensens inequality is valid for quasiconcave monetary utility functions regarding some convex, concave, quasiconvex and quasiconcave functions. In connection with quasiconvex and quasiconcave functions that are in linear fractional form, this paper establishes further that the Jensen’s inequality is valid for the utility functions under study. |
URI: | http://hdl.handle.net/123456789/2050 |
ISSN: | 2090-729X(online) |
Appears in Collections: | Faculty of Mathematical Sciences |
Files in This Item:
File | Description | Size | Format | |
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ANOTEONJENSENSINEQUALITYINVOLVINGMONETARYUTILITYFUNCTIONS.pdf | Main article | 139.54 kB | Adobe PDF | View/Open |
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