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By setting different parameter values, the utility function can present different characteristics, both the S-shaped function and the convex function.
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The von Neumann Morgenstern utility function can be used to explain risk-averse, risk-neutral, and risk-loving behaviour.
This utility function can be expressed as Eqs.
The policyholders' expected utility function can be written: U=u+2theta yint_{0}^{1/2y} v-tx dx-P. (1).
To achieve competitive fairness and high efficiency, the utility function can be formulated as (10).
The potential differences between patients' and physicians' impressions of the utility function can be well demonstrated by tanning bed counseling.
Other useful utility functions can also be solved by DCA-based algorithms (see [24]).
Therefore, different utility functions can be used to model the same preferences.
In the state-of-the-art literature, various proposals of utility functions can be found.
It follows that different utility functions can be used to accomplish differentiated rate allocation.
We also generalize the framework so that a broader choice of utility functions can be applied.
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