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Utility Maximization Within a Context-dependent Threshold

  • Fuad Aleskerov
  • Bernard Monjardet
Chapter
  • 152 Downloads
Part of the Studies in Economic Theory book series (ECON.THEORY, volume 16)

Abstract

In this Chapter we study the choice functions rationalizable by utility maximization within a threshold dependent on the feasible set X and in some cases on the compared alternatives. The threshold function ε is considered to be in the form ε = ε(x, y, X), ε = ε(y, X), ε = ε (x, X), or ε = ε(X).

Keywords

Utility Function Binary Relation Utility Maximization Choice Function Threshold Function 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2002

Authors and Affiliations

  • Fuad Aleskerov
    • 1
  • Bernard Monjardet
    • 2
  1. 1.Institute of Control SciencesMoskowRussia
  2. 2.CERMSEMMSE - Université de Paris IParis Cedex 13France

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