Definition of Log Utility: A utility function. Some versions of this are used often in finance.
Here is the simplest version. Define U() as the utility function and w as wealth. a is a positive scalar parameter.

U(w) = ln^-w

is the log utility function. (Econterms)

Terms related to Log Utility:
None

About.Com Resources on Log Utility:
None

Writing a Term Paper? Here are a few starting points for research on Log Utility:

Books on Log Utility:
None

Journal Articles on Log Utility:
None

<Return to Main Page>