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POST
/
quantlib
/
economics
/
utility
/
cara
CARA Utility Function
curl --request POST \
  --url https://api.fincept.in/quantlib/economics/utility/cara \
  --header 'Content-Type: application/json' \
  --header 'X-API-Key: <api-key>' \
  --data '
{
  "risk_aversion": 0.01,
  "wealth": 10000
}
'
{
  "success": true,
  "data": {
    "utility": -3.72e-44,
    "marginal_utility": 3.72e-46,
    "absolute_risk_aversion": 0.01,
    "relative_risk_aversion": 100
  }
}

Authorizations

​
X-API-Key
string
header
required

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

Body

application/json
​
risk_aversion
number
required

Absolute risk aversion coefficient A (A > 0 for risk aversion)

Example:

0.01

​
wealth
number
required

Current wealth level

Example:

10000

Response

Successful Response

​
success
boolean
Example:

true

​
data
object