is characterized by envy-guilt asymmetry in discounting with respect to future generations' utility: Higher utility than … future generations' utility is discounted differently than lower utility than future generations' utility. This offers a …

these models and argue that preferences of a decision maker should be represented by a sequence of utility functions. This …

The quasi-linear quadratic utility model is widely used in economics. The knowledge of its exact origin is less …

institutional aspects that informed the discussions leading to the definition of the current notion of cardinal utility as utility … unique up to positive linear transformations. As originally this type of utility was not called "cardinal", the paper also …. In opposition to existing narratives, the paper shows that cardinal utility entered economic analysis between 1909 and …

A number of authors have suggested that investors derive utility from realizing gains and losses on assets that they … own. We present a model of this quot;realization utility,quot; analyze its predictions, and show that it can shed light on …

class of extensions which involves an arbitrary function. Similar results are obtained for utility functions that represent …