LIBROS DEL AUTOR: ghanshyam b mehta

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  • Representations of Preference Orderings
    D. S. Bridges / Douglas S. Bridges / Ghanshyam B. Mehta
    A basic assumption made by pioneers of classical microeconomics such as Edgeworth and Pareto was that the ranking of a consumer’s preferences could always be measured numerically, by associating to each possible con­ sumption bundle a real number that measured its utility: the greater the utility, the more preferred was the bundle, and conversely. It ...
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