On A Very Cardinal Measure Of Utility

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Measuring Utility

Author : Ivan Moscati
Publisher :
ISBN 13 : 0199372764
Total Pages : 345 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Measuring Utility by : Ivan Moscati

Download or read book Measuring Utility written by Ivan Moscati and published by . This book was released on 2019 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.

Cardinalism

Author : M. Allais
Publisher : Springer Science & Business Media
ISBN 13 : 9401108889
Total Pages : 317 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Cardinalism by : M. Allais

Download or read book Cardinalism written by M. Allais and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE CONCEPTION OF THIS VOLUME This volume, Cardinalism, has been initiated by Ole Hagen, and is now published due to his perseverance and to Kluwer Academic Publishers. Because of various activities and duties, my contribution to the general conception of this volume has only been formal, and all the credit for it is due to Ole Hagen. I should also emphasize that the responsibility for the year's delay in the publishing of this volume is entirely mine, for two reasons. First of all, I have been involved in many works in very different fields. Second, the English translation of my 1943 contribution to the concept of cardinal utility took some time. The points of view the reader will find in this volume are often different and sometimes contradictory, but this can only increase the interest of its reading. In any case, this is not the editors' part to side with or against. Thus contributions to this volume are presented as they have been submit ted to the editors. Of course, this does not mean that they entirely agree with the analyses presented. MAURICE ALLAIS M. Allais and O. Hagen (eds.), Cardinalism, vii INTRODUCTION Everyone's conscious choices are assumed to reflect their preferences in different situations. For some purposes it serves the theorist's preference for simplicity to assume that a person's life style can be described by the values of some concrete variables, such as quantities of goods available.

Author :
Publisher : S. Chand Publishing
ISBN 13 : 9352839382
Total Pages : pages
Book Rating : 4.3/5 (528 download)

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Book Synopsis by :

Download or read book written by and published by S. Chand Publishing. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Modern Economics An Analytical Study, 20th Edition

Author : Ahuja H.L.
Publisher : S. Chand Publishing
ISBN 13 : 9352531469
Total Pages : 1775 pages
Book Rating : 4.3/5 (525 download)

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Book Synopsis Modern Economics An Analytical Study, 20th Edition by : Ahuja H.L.

Download or read book Modern Economics An Analytical Study, 20th Edition written by Ahuja H.L. and published by S. Chand Publishing. This book was released on 2016 with total page 1775 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its 20th edition, this trusted definitive text is a comprehensive treatise on modern economics. It discusses in detail microeconomics, macroeconomics, monetary theory and policy, international economics, public finance and fiscal policy and above all economics of growth and development. The book has been exhaustively revised to provide students an in-depth understanding of the fundamental concepts and is streamlined to focus on current topics and developments in the field.

Business Economics

Author : HL Ahuja
Publisher : S. Chand Publishing
ISBN 13 : 9352533313
Total Pages : pages
Book Rating : 4.3/5 (525 download)

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Book Synopsis Business Economics by : HL Ahuja

Download or read book Business Economics written by HL Ahuja and published by S. Chand Publishing. This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides conceptual understanding of essential concepts in business life. It details the foundations of business economics with special emphasis on demand analysis and consumer behaviour. It also discusses analysis of production and cost of the firm, market structures and pricing of products, factor pricing and income distribution and concludes with the discussion of capital budgeting. Based on the authors extensive teaching experience, the book champions a collaborative approach to delivering an appropriate textbook that is curriculum relevant.

Principles of Economics - by Dr. Anupam Agarwal, Anju Agarwal (SBPD Publications)

Author : Dr. Anupam Agarwal
Publisher : SBPD Publications
ISBN 13 : 9351670236
Total Pages : 424 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Principles of Economics - by Dr. Anupam Agarwal, Anju Agarwal (SBPD Publications) by : Dr. Anupam Agarwal

Download or read book Principles of Economics - by Dr. Anupam Agarwal, Anju Agarwal (SBPD Publications) written by Dr. Anupam Agarwal and published by SBPD Publications. This book was released on 2021-07-06 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: An excellent book for commerce students appearing in competitive, professional and other examinations. 1.The Definitions of Economics , 2 .Scope of Economics and its Nature, 3 .Methods of Economic Study, 4. Some Important Economic Postulates, 5. Micro and Macro Economics, 6 .Economics Statics and Dynamics, 7. Economic Laws & their Nature , 8. Economic Systems and their Features, 9. Demand & Supply—Basic Framework, 10. Utility and Marginal Utility Analysis , 11. Indifference Curve & Consumer's Equilibrium, 12. Income Effect, Substitution Effect & Price Effect , 13. Consumer's Surplus, 14. Elasticity of Demand and its Measurement, 15. Production and Factors of Production, 16. Production Function, 17. Law of Returns, 18. ISO-Product Curves and its Characteristics, 19. Production Decision—Optimum Cost Combination , 20. Returns to Scale, 21. Cost : Concepts and Various Concepts , 22. Market : Concepts and Types, 23. Concept of Revenue, 24. Equilibrium of Firm : Concept and Conditions , 25.Perfect Competition, 26. Monopoly and Price Discrimination, 27. Monopolistic Competition, 28. Concept of National Income, 29. Theories of Distribution , 30. Rent, 31. Wages, 32. Interest , 33. Profits.

Principles of Economics

Author : Dr. Anupam Agarwal,
Publisher : SBPD Publications
ISBN 13 :
Total Pages : 423 pages
Book Rating : 4./5 ( download)

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Book Synopsis Principles of Economics by : Dr. Anupam Agarwal,

Download or read book Principles of Economics written by Dr. Anupam Agarwal, and published by SBPD Publications. This book was released on 2022-07-09 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.The Definitions of Economics , 2 .Scope of Economics and its Nature, 3 .Methods of Economic Study, 4. Some Important Economic Postulates, 5. Micro and Macro Economics, 6 .Economics Statics and Dynamics, 7. Economic Laws & their Nature , 8. Economic Systems and their Features, 9. Demand & Supply—Basic Framework, 10. Utility and Marginal Utility Analysis , 11. Indifference Curve & Consumer's Equilibrium, 12. Income Effect, Substitution Effect & Price Effect , 13. Consumer's Surplus, 14. Elasticity of Demand and its Measurement, 15. Production and Factors of Production, 16. Production Function, 17. Law of Returns, 18. ISO-Product Curves and its Characteristics, 19. Production Decision—Optimum Cost Combination , 20. Returns to Scale, 21. Cost : Concepts and Various Concepts , 22. Market : Concepts and Types, 23. Concept of Revenue, 24. Equilibrium of Firm : Concept and Conditions , 25.Perfect Competition, 26. Monopoly and Price Discrimination, 27. Monopolistic Competition, 28. Concept of National Income, 29. Theories of Distribution , 30. Rent, 31. Wages, 32. Interest , 33. Profits.

Agricultural Economics Research

Author :
Publisher :
ISBN 13 :
Total Pages : 452 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis Agricultural Economics Research by :

Download or read book Agricultural Economics Research written by and published by . This book was released on 1964 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Managerial Economics (GBTU)

Author : D.N. Dwivedi
Publisher : Vikas Publishing House
ISBN 13 : 8125942637
Total Pages : 359 pages
Book Rating : 4.1/5 (259 download)

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Book Synopsis Managerial Economics (GBTU) by : D.N. Dwivedi

Download or read book Managerial Economics (GBTU) written by D.N. Dwivedi and published by Vikas Publishing House. This book was released on with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a complete and comprehensive coverage of the managerial economics syllabus of Gautam Buddh Technical University. It includes both, the basic microeconomics theories and some important aspects of macroeconomics including inflation, growth and business cycles. The subject matter is presented in a precise and lucid manner. Economic laws and theories have been explained and illustrated by applying graphical and algebraic tools of analysis and also illustrated with appropriate real life examples. Review questions have been provided at the end of each chapter for students to test their own understanding of managerial economics.

Economics for B.A. Students Semester I ( As per NEP) UP, 1/e

Author : Ahuja H.L.
Publisher : S. Chand Publishing
ISBN 13 : 9355012217
Total Pages : 750 pages
Book Rating : 4.3/5 (55 download)

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Book Synopsis Economics for B.A. Students Semester I ( As per NEP) UP, 1/e by : Ahuja H.L.

Download or read book Economics for B.A. Students Semester I ( As per NEP) UP, 1/e written by Ahuja H.L. and published by S. Chand Publishing. This book was released on with total page 750 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook has been conceptualized to meet the need of B.A. First Semester students of Economics as per Common Minimum Syllabus prescribed for all Uttar Pradesh State Universities and Colleges under the recommended National Education Policy 2020. Maintaining the traditional approach to the subject, this textbook comprehensively covers first semester paper Principles of Microeconomics. This textbook acquaints the students with the important concepts of microeconomics such as demand, supply & market equilibrium, theory of consumer's behaviour, theory of production & cost, theory of firm & pricing in perfect competition, price & output under monopoly & imperfect competition, theory of distribution and lastly welfare economics & economic efficiency

Microeconomics: Theory and Applications, 4rd Edition 599

Author : Dwivedi D.N.
Publisher : Vikas Publishing House
ISBN 13 : 9356743134
Total Pages : 676 pages
Book Rating : 4.3/5 (567 download)

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Book Synopsis Microeconomics: Theory and Applications, 4rd Edition 599 by : Dwivedi D.N.

Download or read book Microeconomics: Theory and Applications, 4rd Edition 599 written by Dwivedi D.N. and published by Vikas Publishing House. This book was released on with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this book is to provide a comprehensive and authentic analysis of microeconomic theories and their applications to business decisions and to the determination of the general equilibrium of microeconomic variables. Some significant changes have been made in this edition of the book by taking in view the modern syllabi of microeconomics recommended by the UGC and the universities in India.

BUSINESS ECONOMICS

Author : Dr. V.M.Suneela Shyam
Publisher : Archers & Elevators Publishing House
ISBN 13 : 9394958525
Total Pages : 178 pages
Book Rating : 4.3/5 (949 download)

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Book Synopsis BUSINESS ECONOMICS by : Dr. V.M.Suneela Shyam

Download or read book BUSINESS ECONOMICS written by Dr. V.M.Suneela Shyam and published by Archers & Elevators Publishing House. This book was released on with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics for Sustainable Prosperity

Author : Steven Hail
Publisher : Springer
ISBN 13 : 3319909819
Total Pages : 298 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Economics for Sustainable Prosperity by : Steven Hail

Download or read book Economics for Sustainable Prosperity written by Steven Hail and published by Springer. This book was released on 2018-05-11 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central argument of this book is that the foundations for sustainable prosperity lie in an approach to economic management based on modern monetary theory and a job guarantee. This approach builds on the work of Keynes, Kalecki, Minsky, Davidson, Godley and other Post- Keynesian economists—as well as research by behavioral economists including Simon, Kahneman and Loewenstein—to explore the role that a permanent, equitable job guarantee could play in building an inclusive, participatory and just society. Orthodox (neoclassical) economics, in its various forms, has failed to deliver sustainable prosperity. An important reason for this failure is its lack of realistic foundations. It misrepresents both human nature and economic institutions, and its use as a frame for the development and assessment of economic policy proposals has had disastrous consequences for social inclusion and the quality of life of millions of people. This book discusses an alternative, more realistic and more useful set of economic foundations, which could deliver the opportunity of a decent quality of life with dignity to all.

Business Economics by Dr. Anupam Aagrwal, Anju Agarwal (eBook)(English)

Author : Dr. Anupam Aagrwal, Anju Agarwal
Publisher : SBPD Publications
ISBN 13 : 9351673987
Total Pages : 270 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Business Economics by Dr. Anupam Aagrwal, Anju Agarwal (eBook)(English) by : Dr. Anupam Aagrwal, Anju Agarwal

Download or read book Business Economics by Dr. Anupam Aagrwal, Anju Agarwal (eBook)(English) written by Dr. Anupam Aagrwal, Anju Agarwal and published by SBPD Publications. This book was released on 2020-12-18 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: An excellent book with thorough coverage for MA and BA classes, also very helpful for the students preparing for various competitive and professional examinations. 1.Nature and Scope of Business Economics, 2. Utility and Law of Diminishing Marginal Utility, 3. Demand and Law of Demandm, 4. Elasticity of Demand and its Measurement, 5. Theory of Cost, 6. Production and Factors of Production, 7. Production Function, 8. Law of Return : Law of Variable Proportion, 9. ISO-Product Curve and its Characteristics, 10. Production Decision : Optimum Cost Combination, 11. Returns to Scale and Economies and Diseconomies of Scale, 12. Market : Concept and Types, 13. Perfect Competition (Price Determination of Equilibrium of Firm in Perfect Competition), 14. Monopoly and Price Discrimination, 15. Monopolistic Competition, 16. Duopoly and Oligopoly, 17. Theories of Distribution, 18. Wages, 19. Rent, 20. Interest, 21. Profit.

Philosophy of Mathematics and Economics

Author : Thomas A. Boylan
Publisher : Routledge
ISBN 13 : 1351124544
Total Pages : 307 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Philosophy of Mathematics and Economics by : Thomas A. Boylan

Download or read book Philosophy of Mathematics and Economics written by Thomas A. Boylan and published by Routledge. This book was released on 2018-04-09 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the failure of economics to predict the recent economic crisis, the image of economics as a rigorous mathematical science has been subjected to increasing interrogation. One explanation for this failure is that the subject took a wrong turn in its historical trajectory, becoming too mathematical. Using the philosophy of mathematics, this unique book re-examines this trajectory. Philosophy of Mathematics and Economics re-analyses the divergent rationales for mathematical economics by some of its principal architects. Yet, it is not limited to simply enhancing our understanding of how economics became an applied mathematical science. The authors also critically evaluate developments in the philosophy of mathematics to expose the inadequacy of aspects of mainstream mathematical economics, as well as exploiting the same philosophy to suggest alternative ways of rigorously formulating economic theory for our digital age. This book represents an innovative attempt to more fully understand the complexity of the interaction between developments in the philosophy of mathematics and the process of formalisation in economics. Assuming no expert knowledge in the philosophy of mathematics, this work is relevant to historians of economic thought and professional philosophers of economics. In addition, it will be of great interest to those who wish to deepen their appreciation of the economic contours of contemporary society. It is also hoped that mathematical economists will find this work informative and engaging.

Collective Choice and Social Welfare

Author : Amartya Sen
Publisher : Harvard University Press
ISBN 13 : 0674919211
Total Pages : 641 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Collective Choice and Social Welfare by : Amartya Sen

Download or read book Collective Choice and Social Welfare written by Amartya Sen and published by Harvard University Press. This book was released on 2018-05-17 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the “impossibility theorems” in social choice theory—led by the pioneering work of Kenneth Arrow—do not negate the possibility of reasoned and democratic social choice. Sen’s ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book’s first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. “Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one’s book shelf.” —J. F. O’Connell, Choice

Managerial Economics, 9e

Author : D N Dwivedi
Publisher : Vikas Publishing House
ISBN 13 : 935453130X
Total Pages : pages
Book Rating : 4.3/5 (545 download)

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Book Synopsis Managerial Economics, 9e by : D N Dwivedi

Download or read book Managerial Economics, 9e written by D N Dwivedi and published by Vikas Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This well-known book on the subject has stood the test of time for the last 35 years because of the quality of presentation of its text. It has become students’ favourite as it provides the latest theories, thoughts and applications on the subject with timely revisions to stay up-to-date all the time. Since its first edition, it has provided complete, comprehensive and authentic text on micro and macro aspects of managerial economics. It has now been revised thoroughly with added interpretations of economic theories and concepts and their application to managerial decisions.