PRESENTATION OUTLINE

1. EXPONENTIAL UTILITY BASICS
    
   
   1. The Exponential Utility Function
   2. The Risk Tolerance
   3. Certain Equivalent Definition
   4. Value Additivity
   5. CE-Value Functions Defined
   6. Closed form CE-Value Functions
   7. CE-Value Functions requiring numerical methods
   8. CE-Value Function Library
       
      
2. PORTFOLIO OPTIMIZATION via CE-VALUE MAXIMIZATION
    
   
   1. The Normal Case Revisited
   2. Concept Generalization:  Parametric Analysis on Risk Tolerance
   3. The Asymmetric Case with bounded Downside Risk
   4. Multiple Scenario Optimization
   5. The Maximal CE-Value Frontier (generalizes Mean-Variance Efficient Frontier)
       
      
3. COMPUTATIONAL EXPERIMENTS
    
   
   1. Normal vs. Portfolio Gamma Model Results
   2. Multiple Scenario Optimization Results
   3. Lognormal Models Results
       
      
4. CONCLUSIONS

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