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total or transitive. This means that most of the economic theory based on additive preferences - expected utility …, discounted utility - has been generalized to preferences which are not total or transitive. Other economic applications of the …
Persistent link: https://www.econbiz.de/10005749728
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/10010681123
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
Independence axioms similar to those proposed for multiattribute von Neumann--Morgenstern linear utility theory are … examined in the context of new nonlinear utility theories developed by Chew and MacCrimmon, and Fishburn. These new theories … transitive. The paper shows that axioms for independence between attributes lead to decompositions of utility for the nonlinear …
Persistent link: https://www.econbiz.de/10009209000
attributes, we derive a measure of multidimensional customer preference and offer insights into the optimal product design. When …
Persistent link: https://www.econbiz.de/10009214065
Persistent link: https://www.econbiz.de/10005678350