LIBROS DEL AUTOR: d j slottje

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  • The Generalized Fechner-Thurstone Direct Utility Function and Some of its Uses
    D.J. Slottje / K. Hayes / R.L. Basmann
    In this book the foundations and applicability of the Generalized Fechner-Thurstone Utility Function are laid out. It is shown how by removing the constraint of fixed preferences in the neoclassical consumer theory, utility theory can be used to develop non-parametric indices along with elasticities of the marginal rates of substitutions. It is also s...
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