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Utility Maximization, Choice and Preference

Language EnglishEnglish
Book Hardback
Book Utility Maximization, Choice and Preference F Aleskerov
Libristo code: 01229588
Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, July 2007
A classically rational subject is a maximiser: he chooses the best alternative(s) according to some... Full description
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A classically rational subject is a maximiser: he chooses the best alternative(s) according to some utility function, a paradigm going back to the eighteenth century. One of the ways to overcome its well-known deficiences is to extend it to take into account insenitivity threshold as well as the context of choice.§This book gives a systematic overview on the extended utility maximisation theory covering the classic theory, the theory of utility maximisation within a context-free or context-dependent threshold, and the related preference and choice models.§The presented models will be helpful to specialists in economics, decision making theory,social choice theory, behavioral and cognitive sciences, and related fields.

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About the book

Full name Utility Maximization, Choice and Preference
Author F Aleskerov
Language English
Binding Book - Hardback
Date of issue 2007
Number of pages 283
EAN 9783540341826
ISBN 354034182X
Libristo code 01229588
Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Weight 476
Dimensions 155 x 235 x 20

Categories

Mathematics & Science > Mathematics > Optimization > Game theory
Economics, Finance, Business & Management > Economics > Economic theory & philosophy
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