A young woman uses the first procedure to deduce her utility function $U(x)$ over the range $A

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A young woman uses the first procedure to deduce her utility function $U(x)$ over the range $A \leq x \leq B$. She uses the normalization $U(A)=A, U(B)=B$. To check her result, she repeats the whole procedure over the range $A^{\prime} \leq x \leq B^{\prime}$, where $A0$ and $b$. Find $a$ and $b$.

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Investment Science

ISBN: 9780199740086

2nd Edition

Authors: David G. Luenberger

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