Created
September 28, 2023 22:15
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| def utility_logarithmic(wealth, a=1): | |
| return a * np.log(wealth) | |
| wealth = np.linspace(1, 100, 100) # Wealth values from 1 to 100 | |
| utility = utility_logarithmic(wealth) | |
| plt.plot(wealth, utility) | |
| plt.xlabel('Wealth') | |
| plt.ylabel('Utility') | |
| plt.title('Logarithmic Utility Function') | |
| plt.grid(True) | |
| plt.show() |
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