Skip to main content

Research and Application of Expected Utility Function Model in the Teachers’ Financial Management

  • Conference paper
Information Computing and Applications (ICICA 2010)

Part of the book series: Communications in Computer and Information Science ((CCIS,volume 106))

Included in the following conference series:

  • 1517 Accesses

Abstract

The living standards of residents have improved continuously and the income level of family also has enhanced unceasingly. To solve the teachers’ finance management in real life, the model is built according to the theory of expected utility function, also called von Newman-Morgan Stan utility function. Then, the problem how to distribute the teachers’ incomes besides the basic necessities of life between savings and investments is discussed, and the teachers’ total utility according to the consumers’ equilibrium condition is obtained, the optimal surpluses investment proportion can be gotten finally. So the higher quality of life will be kept in the future.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Hongye, G.: Western Economics, pp. 70–77, 607–1076. China Renmin University Publishing Press, Beijing (2005)

    Google Scholar 

  2. Zhou, C., Shiqian, X.: Probability and Statistics. Higher Education Press, Beijing (2007)

    Google Scholar 

  3. Xiulan, L.: The utility function and its application. Journal of Shandong University: Natural Science Edition, 55–59 (2006)

    Google Scholar 

  4. Shumin, Z., Yi, L.: Intermediate Microeconomics, pp. 78–82. Southwestern University of Finance and Economics Press, Chongqing (2008)

    Google Scholar 

  5. Yonglin, Z.: Mathematical Finance Introduction, pp. 7–9, 13–17. Higher Education Press, Beijing (2007)

    Google Scholar 

  6. Shili: Financial Mathematics Technology, pp. 57–63. Southwest University of Finance and Economics Press, Chongqing (2009)

    Google Scholar 

  7. Mingtao, W.: Financial Risk Measurement and Management, pp. 43–51. Shanghai Financial College Press Co., Shanghai (2008)

    Google Scholar 

  8. Pierre: Intermediate Financial Theory, pp. 65–72. Southwest University of Finance and Economics Press, Chongqing (2009)

    Google Scholar 

  9. Tyson: Personal Finance. Science Press, Beijing (2007)

    Google Scholar 

  10. Xiaoan, G.: Personal Financial Management, pp. 117–123. Shanghai University of Finance and Economics Press, Shanghai (2007)

    Google Scholar 

  11. Yiyong, L., Yingsen, H.: Economics Basis. Wuhan University Press, Wuhan (2009)

    Google Scholar 

  12. Raman: Economics Principle. Peking University Press, Beijing (2006)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2010 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Qu, Y. (2010). Research and Application of Expected Utility Function Model in the Teachers’ Financial Management. In: Zhu, R., Zhang, Y., Liu, B., Liu, C. (eds) Information Computing and Applications. ICICA 2010. Communications in Computer and Information Science, vol 106. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-16339-5_59

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-16339-5_59

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-16338-8

  • Online ISBN: 978-3-642-16339-5

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics