 Constant relative risk aversion utility

A constant relative risk aversion utility has $-c{U}^{\prime \prime }(c)/U^{\prime }(c)=R>0$. Up to a positive scale and an additive constant, it is $U(c)=c^{1-R}/(1-R)$ for $R\ne 1$ and $U(c)=\log c$ for $R=1$. Power utility gives multiplicative homogeneity of an investment value; logarithmic utility gives additive scaling.