This document may be downloaded, read, stored and printed for your own use within the limits of § 53 UrhG but it may not be distributed via the internet or passed on to external parties.Dieses Dokument darf im Rahmen von § 53 UrhG zum eigenen Gebrauch kostenfrei heruntergeladen, gelesen, gespeichert und ausgedruckt, aber nicht im Internet bereitgestellt oder an Außenstehende weitergegeben werden.Horst, Ulrich2016-03-242019-06-2820110946-8633https://doi.org/10.34657/2386https://oa.tib.eu/renate/handle/123456789/2416In this paper we deal with the utility maximization problem with a general utility function. We derive a new approach in which we reduce the utility maximization problem with general utility to the study of a fully-coupled Forward-Backward Stochastic Differential Equation (FBSDE).application/pdfeng510Utility maximizationconvex dualitymaximum principlecoupled quadratic FBSDEgeneral utility functionsReport