Keywords: sharesl

Next: A Set of Utility Up: Software Example Previous: Software Example

## Running the Program

The software is on the web-site and is run by Internet

1. open the line 'Portfolio-GMJ2-Flexible' in the 'Global Optimization',
2. start the applet,
3. select investment parameters (see upper Figure 1),
4. define utility function (see bottom Figure 1),
5. click the 'count' label at the top of page,
6. read results of the optimal investment, (see upper Figure 2),
7. open the 'convergence' window (see bottom Figure 2) which show how the best utility depends on the iteration number,

Figure 1: Optimal Investment, control windows.

Figure 2: Optimal Investment, output windows.