Utility Maximization Problem

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
UMP
Pronunciation
/juˈtɪləti ˌmæksɪmɪˈzeɪʃən ˈprɑbləm/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. Then the utility maximization problem is transformed into a non-cooperative resource allocation game constrained by the maximum power.
  2. Then, we solve the utility maximization problem by the proximal method and gradient projection method for solving the utility function.
  3. Then, the channel allocation is formulated as a utility maximization problem and can be solved with Lagrangian relaxation method.
  4. Finally, we study the Robust utility maximization portfolio selection problem under which the stock price followed a CEV model. We also obtain the closed-form solutions of the optimal portfolio strategy, the optimal equivalent probability scenario and the optimal value function using the linear-quadratic technique.
  5. The idea of network utility maximization is proposed to force cooperation between nodes, and the design of multi-channel wireless ad hoc network is formulated as a nonlinear optimization problem.

Other meanings of UMP