Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

Understand the key differences between marginal utility and marginal benefit—how they affect pricing, consumer behavior, and ...

This is a preview. Log in through your library . Journal Information The American Economic Review is a general-interest economics journal. Established in 1911, the AER is among the nation's oldest and ...

George Monbiot wants to tell us all that coaches and public transport, bicycles, are much more efficient methods of transport than the private car, therefore to increase utility we should all be using ...

It is shown that each of the Debreu Open Gap Theorem and the Debreu Continuous Utility Representation Theorem can be used in order to prove the other. Furthermore, it is proved that the classical ...

Every week, it seems, there’s a new financial website with just the right solution for managing your money. “We’ll bucket you.” “We’ll goal you.” “We’ll de-tax you.” “We’ll balance you.” “We’ll ...