Actuarial Utility and Preference Functions

April 2019

The Society of Actuaries is pleased to make available a research report that introduces the concept of a preference function, which is a generalization of the utility function. The report was authored by Randall Stevenson.

Report

Actuarial Utility and Preference Functions

Thank You

The SOA would like to thank the following individuals for serving on the Project Oversight Group:

Lemeng Feng 
David Graham 
Yuanjin Liu 
Robert Reitano 
Steve Siegel, SOA Sr. Research Actuary 
Barbara Scott, Sr. Research Administrator

The SOA also thanks Jim Wright for his assistance with managing this project.

Questions Or Comments

If you have comments or questions, please send an email to research@soa.org.