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OverviewThe utility maximization paradigm forms the basis of many economic, psychological, cognitive and behavioral models. Since it was first devised in the eighteenth century, numerous examples have revealed the deficiencies of the concept. This book makes a contribution to overcome those deficiencies by taking into account insensitivity of measurement threshold and context of choice. It covers classic theory as a special, context-free case and gives a systematic overview of new models of utility maximization within a context-dependent threshold as well as related preference and choice models. The second edition has been updated to include the most recent developments and a new chapter on classic and new results for infinite sets. The presented models will be helpful to scientists in economics, decision making theory, social choice theory, behavioral and cognitive sciences, and related fields. Full Product DetailsAuthor: Fuad Aleskerov , Denis Bouyssou , Bernard MonjardetPublisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Imprint: Springer-Verlag Berlin and Heidelberg GmbH & Co. K Edition: 2nd ed. 2007 Dimensions: Width: 15.50cm , Height: 1.60cm , Length: 23.50cm Weight: 0.456kg ISBN: 9783642447341ISBN 10: 3642447341 Pages: 283 Publication Date: 14 December 2014 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Manufactured on demand ![]() We will order this item for you from a manufactured on demand supplier. Table of ContentsPreference, Utility, and Choice: Classic Models.- Utility Maximization Within a Constant Threshold or a Threshold Depending on One Alternative.- Utility Maximization Within a Threshold Depending on Both Compared Alternatives.- Utility Maximization Within a Context-dependent Threshold.- Numerical Representation of Binary Relations on Infinite Sets.- Conclusion.ReviewsFrom the reviews of the second edition: ""The book provides an excellent account of many aspects of the theory of preference, utility, and choice, in particular in the finite case. It provides valuable information for researchers as well as a sound basis for a graduate course … ."" (Douglas S. Bridges, Siam Review, Vol. 50 (3), 2008) "From the reviews of the second edition: ""The book provides an excellent account of many aspects of the theory of preference, utility, and choice, in particular in the finite case. It provides valuable information for researchers as well as a sound basis for a graduate course … ."" (Douglas S. Bridges, Siam Review, Vol. 50 (3), 2008)" From the reviews of the second edition: The book provides an excellent account of many aspects of the theory of preference, utility, and choice, in particular in the finite case. It provides valuable information for researchers as well as a sound basis for a graduate course ... . (Douglas S. Bridges, Siam Review, Vol. 50 (3), 2008) From the reviews of the second edition: The book provides an excellent account of many aspects of the theory of preference, utility, and choice, in particular in the finite case. It provides valuable information for researchers as well as a sound basis for a graduate course ... . (Douglas S. Bridges, Siam Review, Vol. 50 (3), 2008) Author InformationTab Content 6Author Website:Countries AvailableAll regions |