Research ArticleOpen AccessGoogle Scholar indexed
Entrepreneur Education Level and Its Utility Maximization
School of Economics, Shanghai University, Shanghai, China
Institute of Higher Education, Shanghai University, Shanghai, China
Xianda College of Economics and Humanities, Shanghai International Studies University, Shanghai, China
- 1 School of Economics, Shanghai University, Shanghai, China
- 2 Institute of Higher Education, Shanghai University, Shanghai, China
- 3 Xianda College of Economics and Humanities, Shanghai International Studies University, Shanghai, China
Intelligent Information Management·Volume 15 (2023)·Pages 160–168·Published 6 April 2023·DOI10.4236/iim.2023.153008
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Abstract
The education level of entrepreneurs plays an important role in the decision-making process of loan financing. In this paper, the research method of optimization theory is used to study the problem of the education level and maximizing utility of entrepreneurs, and the optimal analytic solution is obtained. On this basis, the influence of the change of bank loan interest rate, the marginal effect of entrepreneur’s effort, the marginal effect of entrepreneur’s investment, the elastic coefficient of entrepreneur’s effort and the elastic coefficient of entrepreneur’s investment on the optimal solution of entrepreneur’s effort and investment amount is discussed.
KeywordsEducational BackgroundUtility FunctionEnterprise Performance
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