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๐Ÿ“

Utility Maximization, Choice and Preference

โœ Scribed by Professor Fuad Aleskerov, Professor Bernard Monjardet (auth.)


Publisher
Springer Berlin Heidelberg
Year
2002
Tongue
English
Leaves
296
Series
Studies in Economic Theory 16
Edition
2
Category
Library

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โœฆ Synopsis


The utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models. However, numerous examples have revealed the deficiencies of the concept. This book helps to overcome those deficiencies by taking into account insensitivity of measurement threshold and context of choice. The second edition has been updated to include the most recent developments and a new chapter on classic and new results for infinite sets.

โœฆ Table of Contents


Front Matter....Pages i-viii
Introduction....Pages 1-13
Preference, Utility, and Choice: Classic Models....Pages 15-50
Utility Maximization Within a Constant Threshold or a Threshold Depending on One Alternative....Pages 51-111
Utility Maximization Within a Threshold Depending on Both Compared Alternatives....Pages 113-138
Utility Maximization Within a Context-dependent Threshold....Pages 139-191
Conclusion....Pages 193-200
Back Matter....Pages 201-222

โœฆ Subjects


Economic Theory; Game Theory/Mathematical Methods; Game Theory, Economics, Social and Behav. Sciences; Operation Research/Decision Theory


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