Measuring Utility

Autor

Editura

Oxford University Press Inc

An publicare

2019

Nr. Pagini

352

ISBN

9780199372775

Categorii

In Limbi Străine Clasa Pregătitoare Scolaresti

Descriere

Since the marginal revolution of the 1870s, the economic theory of decision-making has been based on the notion of utility. Utility, however, is not measurable. This book reconstructs economists' struggles with issues related to utility measurement from the 1870s to the beginning of behavioral economics in the mid-1980s.