Utility Maximization, Choice and Preference
by Fuad Aleskerov
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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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Utility Maximization, Choice and Preference
2002, Springer Berlin Heidelberg
electronic resource /
in English
3662049945 9783662049945
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| October 6, 2021 | Edited by ImportBot | import existing book |
| July 8, 2019 | Created by MARC Bot | import new book |