Synopsis
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 took several decades before the naivety of this assumption was seriously challenged by economists, such as Wold, attempting to find conditions under which it could be justified mathematically. Wold's work was the first in a long chain of results of that type, leading to the definitive theorems of Debreu and oth- ers in the 1960s, and subsequently to the refinements and generalisations that have appeared in the last twenty-five years. Out of this historical background there has appeared a general mathe- matical problem which, as well as having applications in economics, psy- chology, and measurement theory, arises naturally in the study of sets bear- ing order relations: Given some kind of ordenng t on a set 5, fina a real-valued mapping u on 5 such that for any elements x, y of 5, x t yif and only if u(x) 2: u(y). If also 5 has a topology (respective/y, differential structure), find conditions that ensure the continuity (respectively, differentiability) of the mapping u. A mapping -u of this kind is called a representation of the ordering C::: .
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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 took several decades before the naivety of this assumption was seriously challenged by economists, such as Wold, attempting to find conditions under which it could be justified mathematically. Wold's work was the first in a long chain of results of that type, leading to the definitive theorems of Debreu and oth ers in the 1960s, and subsequently to the refinements and generalisations that have appeared in the last twenty-five years. Out of this historical background there has appeared a general mathe matical problem which, as well as having applications in economics, psy chology, and measurement theory, arises naturally in the study of sets bear ing order relations: Given some kind of ordenng t on a set 5, fina a real-valued mapping u on 5 such that for any elements x, y of 5, x t yif and only if u(x) 2: u(y). If also 5 has a topology (respective/y, differential structure), find conditions that ensure the continuity (respectively, differentiability) of the mapping u. A mapping u of this kind is called a representation of the ordering C:::. 176 pp. Englisch. Seller Inventory # 9783540588399
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. 1 Ordered Sets and Order Homomorphisms.- 2 Order Homomorphisms in Euclidean Space.- 3 The Fundamental Theorems.- 4 A Miscellany of Representations.- 5 The Urysohn-Nachbin Approach.- 6 Interval Orders.- 7 Differentiable Order Homomorphisms.- 8 Jointly Contin. Seller Inventory # 4894867
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Taschenbuch. Condition: Neu. Representations of Preferences Orderings | Douglas S. Bridges (u. a.) | Taschenbuch | Lecture Notes in Economics and Mathematical Systems | x | Englisch | 1995 | Springer | EAN 9783540588399 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu. Seller Inventory # 101821587
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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -1 Ordered Sets and Order Homomorphisms.- 2 Order Homomorphisms in Euclidean Space.- 3 The Fundamental Theorems.- 4 A Miscellany of Representations.- 5 The Urysohn-Nachbin Approach.- 6 Interval Orders.- 7 Differentiable Order Homomorphisms.- 8 Jointly Continuous Order Homomorphisms.- References.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 176 pp. Englisch. Seller Inventory # 9783540588399
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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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 took several decades before the naivety of this assumption was seriously challenged by economists, such as Wold, attempting to find conditions under which it could be justified mathematically. Wold's work was the first in a long chain of results of that type, leading to the definitive theorems of Debreu and oth ers in the 1960s, and subsequently to the refinements and generalisations that have appeared in the last twenty-five years. Out of this historical background there has appeared a general mathe matical problem which, as well as having applications in economics, psy chology, and measurement theory, arises naturally in the study of sets bear ing order relations: Given some kind of ordenng t on a set 5, fina a real-valued mapping u on 5 such that for any elements x, y of 5, x t yif and only if u(x) 2: u(y). If also 5 has a topology (respective/y, differential structure), find conditions that ensure the continuity (respectively, differentiability) of the mapping u. A mapping u of this kind is called a representation of the ordering C:::. Seller Inventory # 9783540588399
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