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Utility Maximization, Choice and Preference

Denis Bouyssou author Fuad Aleskerov author Bernard Monjardet author

Format:Paperback

Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Published:14th Dec '14

Currently unavailable, and unfortunately no date known when it will be back

Utility Maximization, Choice and Preference cover

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.

From the reviews of the second edition:

"The book provides an excellent account of many aspects of the theory of preference, utility, and choice, in particular in the finite case. It provides valuable information for researchers as well as a sound basis for a graduate course … ." (Douglas S. Bridges, Siam Review, Vol. 50 (3), 2008)

ISBN: 9783642447341

Dimensions: unknown

Weight: 456g

283 pages

2nd ed. 2007