@techreport{Broll2006Utility,
abstract = {We derive a class of utility functions that are equivalent with respect to a well-defined functional form. We study the case of constant relative risk aversion (of some order) to investigate on different equivalence relations in order to determine the, possibly infinite, number of equivalence classes when utility functions satisfy a specific form. Then we apply our results to standard applications in economics and finance, for example, to the effect of price volatility on optimum hedging.},
author = {Udo Broll and Harald L. Battermann and Jack E. Wahl},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {G11; D11; D81; 330; equivalence class; risk aversion; sensitivity analysis},
language = {eng},
number = {02/06},
title = {Utility Functions of Equivalent Form and the Effect of Parameter Changes on Optimum Decision Making},
type = {Dresden discussion paper in economics},
url = {http://hdl.handle.net/10419/22729},
year = {2006}
}