From Preferences to Leontief Utility

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Subjective expected utility without preferences

This paper proposes a theory of subjective expected utility based on primitives only involving the fact that an act can be judged either “attractive” or “unattractive”. We give conditions implying that there are a utility function on the set of consequences and a probability distribution on the set of states such that attractive acts have a subjective expected utility above some threshold. The ...

متن کامل

Rough Notes : Preferences and Utility

Voluntary Exchange. If an airline mechanic gets paid $30,000 a year, it must be that the mechanic would rather have the money than the leisure time, while the airline would rather have the mechanic than have the money. Another example: apartment rentals. That is, price is bounded below by what the seller will accept: the supply price, and bounded above by what the buyer is willing to pay: the d...

متن کامل

Moment Preferences and Polynomial Utility

can be established by a Taylor series argument if U( .) is assumed to be differentiable of a sufficiently high order, we have been puzzled by the absence (to our knowledge) of a direct non-calculus based proof of this latter result in the literature. The purpose of this letter is to provide such a proof, which we hope will help reveal the simple algebraic nature of this result. The next section...

متن کامل

Continuity of utility-maximization with respect to preferences

This paper provides an easy verifiable regularity condition under which the investor’s utility maximizer depends continuously on the description of her preferences in a general incomplete financial setting. Specifically, we extend the setting of Jouini and Napp (2004) to 1) noise generated by a general continuous semi-martingale and 2) the market price of risk is allowed to be a general adapted...

متن کامل

From Experienced Utility to Decision Utility

Identifying What Does What for Brain Mechanisms of Outcome Utilities 330 Brain Mesolimbic Dopamine: Anticipated/Predicted Utility or Pure Decision Utility? 330 Berridge’s Incentive Salience Theory: Dopamine as Pure Decision Utility 331 Incentive Salience “Wanting” versus Ordinary Wanting 331 Computational Modeling of Incentive Salience as Decision Utility 333 Applications of Incentive Salience ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2014

ISSN: 1556-5068

DOI: 10.2139/ssrn.2389948