What Is Pension Maximization? Strategy, Risks, and Benefits

Pension maximization is a retirement strategy for couples aiming for the highest annuity payout. Learn how life insurance ...
JSTOR Daily

Maximization of Nonconcave Utility Functions in Discrete-Time Financial Market Models

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) ...
DePauw

A Profit Maximization Problem

An Excel workbook called ProfitMax.xls provides a simple example of how to use Solver and the Comparative Statics Wizard. The Comparative Statics Wizard is an Excel add-in that walks the user through ...
The Conversation

Microeconomics explains why people can never have enough of what they want and how that influences policies

Amitrajeet A. Batabyal does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...