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Author : Ragnar Frisch
Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.27/5 ( download)
Download or read book New Methods of Measuring Marginal Utility written by Ragnar Frisch and published by . This book was released on 1978 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ragnar Frisch
Publisher :
ISBN 13 :
Total Pages : 142 pages
Book Rating : 4.10/5 ( download)
Download or read book New methods of measuring marginal utility written by Ragnar Frisch and published by . This book was released on 1932 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 142 pages
Book Rating : 4.03/5 ( download)
Download or read book New Methods of Measuring Marginal Utility. With 19 Charts and 1 Plate written by and published by . This book was released on 1932 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ivan Moscati
Publisher : Oxford Studies in History of E
ISBN 13 : 0199372764
Total Pages : 345 pages
Book Rating : 4.68/5 ( download)
Download or read book Measuring Utility written by Ivan Moscati and published by Oxford Studies in History of E. This book was released on 2018-11-22 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.
Author : Moawia Alghalith
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.14/5 ( download)
Download or read book New Methods of Modelling and Estimating the Utility Function written by Moawia Alghalith and published by . This book was released on 2016 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: We introduce a novel and convenient approach to utility modeling. In doing so, we present a general utility function in a very simple exact form. Furthermore, we develop a method to (accurately) measure preferences without any utility data. We also devise a method to measure the marginal utility. Moreover, we express the price as an explicit and simple function of the cost. We also show the impact of the input price on output price. Then we develop new methods of modeling and measuring the consumer utility. In so doing, we overcome a major obstacle: the curse of the dimensionality. In addition, we introduce new methods of modelling and measuring the consumer demand for the firm's good.
Author : Irving Fisher
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.90/5 ( download)
Download or read book A statistical method for measuring "marginal utility" and testing the justice of a progressive income tax written by Irving Fisher and published by . This book was released on with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Irving Fisher
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.24/5 ( download)
Download or read book A Statistical Method for Measuring "marginal Utility" and Testing the Judice of a Progressive Income Tax written by Irving Fisher and published by . This book was released on 1927 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Irving Fisher
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.30/5 ( download)
Download or read book A Statistical Method for Measuring "marginal Utility" and Testing the Justices of a Progressive Income Tax written by Irving Fisher and published by . This book was released on 1927* with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : George W. McKenzie
Publisher : Cambridge University Press
ISBN 13 : 0521248620
Total Pages : 201 pages
Book Rating : 4.24/5 ( download)
Download or read book Measuring Economic Welfare written by George W. McKenzie and published by Cambridge University Press. This book was released on 1983-03-10 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. This method is discussed fully, illustrated by simple examples, and compared with alternative procedures. An outline of a computer program that enables readers to undertake their own calculations is included. In order to present the approach clearly, the author provides an exposition of the fundamental ideas and the main alternative approaches to the problem. These rely on various forms of index numbers and consumer surplus. However, as is well known, such measures are not capable of correctly ordering the various alternatives under consideration, except under highly unrealist assumptions. In this book the author suggests the abandonment of this traditional approach based on the concept of 'willingness-to-pay' or the conpensating variation. Instead, the measure that Samuelson has called the 'money-metric' should become the cornerstone of applied welfare economics.
Author : Emil Kauder
Publisher : Princeton University Press
ISBN 13 : 1400877741
Total Pages : 271 pages
Book Rating : 4.44/5 ( download)
Download or read book History of Marginal Utility Theory written by Emil Kauder and published by Princeton University Press. This book was released on 2015-12-08 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author blends historical narrative with a topical approach and discusses such aspects of the theory as measurement, total value, and imputation. Originally published in 1965. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
