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POST
/
quantlib
/
economics
/
utility
/
certainty-equivalent-approximation
Arrow-Pratt CE Approximation
curl --request POST \
  --url https://api.fincept.in/quantlib/economics/utility/certainty-equivalent-approximation \
  --header 'Content-Type: application/json' \
  --header 'X-API-Key: <api-key>' \
  --data '
{
  "mean": 10000,
  "variance": 4000000,
  "risk_aversion": 0.0001
}
'
{
  "success": true,
  "data": {
    "certainty_equivalent": 9800
  }
}

Documentation Index

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Authorizations

​
X-API-Key
string
header
required

API key for authentication. Get your key at https://api.fincept.in/auth/register

Body

application/json
​
mean
number
required

Expected value of the lottery

Example:

10000

​
variance
number
required

Variance of the lottery outcomes

Required range: x >= 0
Example:

4000000

​
risk_aversion
number
required

Absolute risk aversion coefficient A

Example:

0.0001

Response

Successful Response

​
success
boolean
Example:

true

​
data
object