Utility Maximization, Choice and PreferenceSpringer Science & Business Media, 9 de ago. de 2007 - 283 páginas 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. |
Conteúdo
| 1 | |
Classic Models | 17 |
Utility Maximization Within a Constant Threshold | 53 |
Utility Maximization Within a Threshold | 112 |
Utility Maximization Within a Contextdependent | 145 |
xii | 160 |
Numerical Representation of Binary Relations | 197 |
Conclusion | 245 |
List of Notations and Symbols | 255 |
| 281 | |
Outras edições - Ver todos
Utility Maximization, Choice and Preference Fuad Aleskerov,Bernard Monjardet Visualização parcial - 2013 |
Utility Maximization, Choice and Preference Fuad Aleskerov,Denis Bouyssou,Bernard Monjardet Prévia não disponível - 2014 |
Utility Maximization, Choice and Preference Fuad Aleskerov,Bernard Monjardet Prévia não disponível - 2013 |
Termos e frases comuns
according additive Aizerman Aleskerov alternatives antichains arbitrary associated Assume asymmetric axiom binary relation biorder called Chapter characterization choice function choice functions rationalizable choose chosen classes classical complete preorder condition consider constant construction contains contradiction Corollary corresponding cycle defined Definition denoted dense depends elements empty equivalent example exists extended fact Figure finite Fishburn give given Hence holds implies Inclusive indifference instance interval order introduced irreflexive Lemma linear order means negative transitivity nesting non-negative Note numerical representation obtain obvious ordered partitions pair partial order Point preference preference relation presented problem Proof proved rational Remark represented respectively Revealed rule satisfies semiorder shown simple semiorder statement strictly strong subset Suppose Table Theorem theory threshold function tion utility function utility maximization weak order
Passagens mais conhecidas
Página 4 - The nontransitiveness of indifference must be recognized and explained on [sic] any theory of choice, and the only explanation that seems to work is based on the imperfect powers of discrimination of the human mind whereby inequalities become recognizable only when of sufficient magnitude.
Página 264 - The non-existence of a utility function and the structure of non-representable preference relations.
Página 5 - Sometimes we are able to make the distinction between two sensations while we cannot distinguish them from a third sensation. For example, we can easily make the distinction between a weight of 12 grams and a weight of 10 grams, but we are not able to distinguish each of them from a weight of 11 grams. This fact can symbolically be written: A = B,B = C,A< C.
Página 2 - What the rational preference theorist is assuming is something much stronger, however. He is assuming that both preference and its complement are transitive. That is. he is assuming both the validity of the previous axiom and that (~xPy & ~ yPz) ->~xPz. (In words: "If x is not preferred to y and y is not preferred to z, then x is not preferred to z.) Together these two axioms justify the claim that "indifference is an equivalence relation" ("xly" — the chooser is indifferent as between x and y...
Referências a este livro
Multiple Criteria Decision Analysis: State of the Art Surveys José Figueira,Salvatore Greco,Matthias Ehrgott Visualização parcial - 2005 |
Multiple Criteria Decision Analysis: State of the Art Surveys José Figueira,Salvatore Greco,Matthias Ehrgott Visualização parcial - 2005 |