| 书目名称 | The Generalized Fechner-Thurstone Direct Utility Function and Some of its Uses |
| 编辑 | R. L. Basmann,D. J. Slottje,D. J. Molina |
| 视频video | |
| 丛书名称 | Lecture Notes in Economics and Mathematical Systems |
| 图书封面 |  |
| 描述 | 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 shown that whereas the existence of a fixed preference utility function is not always guaranteed for different demand functions, there will always exist at least one Generalized Fechner-Thurstone Direct Utility Function. Furthermore, analysis using the Fechner-Thurstone Direct Utility Function is clear and simple and does not rely on ad hoc Taylor expansions. The construction of different true-cost-of-living indices, the comparison of North American consumers, and a habit formation model are developed to show the usefulness of the Generalized Fechner-Thurstone Direct Utility Function. |
| 出版日期 | Book 1988 |
| 关键词 | consumer; foundation; utility; utility theory |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-1-4684-9401-3 |
| isbn_softcover | 978-0-387-96853-7 |
| isbn_ebook | 978-1-4684-9401-3Series ISSN 0075-8442 Series E-ISSN 2196-9957 |
| issn_series | 0075-8442 |
| copyright | Springer Science+Business Media New York 1988 |
发表于 2025-3-21 17:21:05
