Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

Federal tax credits and state renewable portfolio standards have driven the utility market for solar photovoltaic (PV) projects during the past year. However, utilities are now beginning to appreciate ...

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) ...