Discover the concept of utility in microeconomics, exploring its origins, types, and applications to analyze consumer ...
Modern economics no longer uses the concept of cardinal utility, which describes the value of a good independently of a comparison with another good. New electrophysiological recordings in primates ...
This note elaborates Suppes’ (1977, Erkenntnis Vol. 11, No. 1, pp 233-250) derivation of the logarithmic function as a consumer’s cardinal utility function on money income levels, in which the ...
Copyright © 2014 Mitsunobu Miyake. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use ...
The Canadian Journal of Economics and Political Science / Revue canadienne d'Economique et de Science politique With around 1400 members across the country and from abroad, the Canadian Economics ...
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