But it's not a complete theory until we specify the utility function.

但我们还未详细分析效应函数,这还不是完整的理论

耶鲁公开课 - 金融市场课程节选

Of course, we will also be talking about behavioral finance in this course and we'll, at times, be saying that the utility function concept isn't always right-- the idea that people are actually maximizing expected utility might not be entirely accurate.

当然 我们还会,在这门课上讨论行为金融学,并且,我们会间或,讨论到效用函数不总是正确的,人们希望最大化期望效用的观点,也许并不是完全准确的

耶鲁公开课 - 金融市场课程节选

The idea is that for any amount of money-- if this x is the amount of money that I receive-- utility as the function of the amount of money I receive is downwardly-concave.

这种观点是对于任何数量的货币,假设我得到x数量的货币,随着货币的增加,边际效用呈,向下凹进去的曲线

耶鲁公开课 - 金融市场课程节选