IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-01527173.html
   My bibliography  Save this paper

On the imprecision of consumer's spatial preferences

Author

Listed:
  • Claude Ponsard

    (IME - Institut de mathématiques économiques - UB - Université de Bourgogne)

Abstract

Faced with a set of needs of different intensities and which he perceives more or less indistinctly, a consumer is not normally capable of selecting among the elements belonging to his set of possible consumptions, those he prefers or is indifferent to and those from which he is likely to derive utility. Moreover the goods and services are attainable to different degrees (available in supply space) and his knowledge is perfect only in border-line cases with the result that his world is generally imprecise. Even someone with an exceptional gift for discrimination is not capable of formulating for any pair of goods, his preference or indifference according to binary logic. The purpose of this paper is to remove the usual assumption (which it must be added is essential to the classical theory of consumer behaviour) that the consumer is capable of discriminating perfectly between different goods. It is well known that his behaviour, like any human behaviour,is by nature imprecise. Furthermore, unlike the usual theory, the goods capable of satisfying needs are assumed to be scattered in a supply space and transportable.The agent is located at a given point of demand. (...)

Suggested Citation

  • Claude Ponsard, 1978. "On the imprecision of consumer's spatial preferences," Working Papers hal-01527173, HAL.
  • Handle: RePEc:hal:wpaper:hal-01527173
    Note: View the original document on HAL open archive server: https://hal.science/hal-01527173
    as

    Download full text from publisher

    File URL: https://hal.science/hal-01527173/document
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Consumer behaviour; spatial preference;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-01527173. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.