Lecture Notes on Separable Preferences
Chapter Four Utility. Preferences - A Reminder u x y: x is preferred strictly to y. x y: x and y are equally preferred. u x y: x is preferred at least.
1 Introduction to Financial Economics Lecture Notes 4 Ch.4-Lengwiler.
Utility. UTILITY FUNCTIONS u A preference relation that is complete, reflexive, transitive and continuous can be represented by a continuous utility function.
Chapter Four Utility. Utility Functions u A preference relation that is complete, reflexive, transitive and continuous can be represented by a continuous.
Chapter Four
Ch4 Utility
