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preference, while the constructive approach aims at building preferences by questioning the decision maker. We show that these …
Persistent link: https://www.econbiz.de/10010738479
preference and nonlinear programming is proposed. A small demonstration of the method was used to compare alternative theories of … and psychology regarding how to model preference over gambles. A method for measuring risk preference combining revealed … risk preference. The application reveals contradictions of economic and psychology theories in terms of the assumption of …
Persistent link: https://www.econbiz.de/10009468391
Persistent link: https://www.econbiz.de/10011809257
combination of the six most important attributes that determine the purchase decision of buyers. The preference rating of the … respondents is then decomposed to yield part-worth utility for each attribute level. A regression analysis shows that the most …¡¦ expressed utility of the product purchased. By using a hold-out sample of respondents, a conjoint analysis has predicted the …
Persistent link: https://www.econbiz.de/10010544687
Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these...
Persistent link: https://www.econbiz.de/10010681712
utilitarianism to preferences utilitarianism and towards post-welfarist approaches is the following. Utility is defi-ned normatively …
Persistent link: https://www.econbiz.de/10010712462
utilitarianism to preferences utilitarianism and towards post-welfarist approaches is the following. Utility is defi-ned normatively …
Persistent link: https://www.econbiz.de/10010821180
The simulation has proved a particularly effective and powerful technique to evaluate different alternatives for solving problems, without being required actual experimentation. It is particularly useful for decision-making when you want to organize jobs in an organization where there are...
Persistent link: https://www.econbiz.de/10011307207
The simulation has proved a particularly effective and powerful technique to evaluate different alternatives for solving problems, without being required actual experimentation. It is particularly useful for decision-making when you want to organize jobs in an organization where there are...
Persistent link: https://www.econbiz.de/10010385682
In Lithuania, the real estate market has been growing fast in recent years. Such a speedy rise in the country‘s real estate market is being affected by several main factors: residents see the broad lending possibilities; the improving economic situation gives people greater hopes and...
Persistent link: https://www.econbiz.de/10009478490