Utility Maximization, Choice and Preference

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Product description

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.

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Details

  • ISBN13 9783540341833
  • Released 2007
  • Publisher Springer
  • Format Elektronisk medie
  • Edition 2
  • Language English