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La teoría del consumidor: preferencias y utilidad
[Consumer theory: preferences and utility]

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  • Ávalos, Eloy

Abstract

The consumer’s theory is a particular case of the theory of choice. This paper will explore the fundamental propositions that explain the behavior of a consumer agent and then be expressed in terms of the function of utility. Thus, the concept of utility is divorced of any philosophical and ethical burden, being simply a mathematical function that satisfies certain properties, such that the values obtained with it are a index that represents very well the order of preference.

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File URL: http://mpra.ub.uni-muenchen.de/40858/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 40858.

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Date of creation: 04 Nov 2010
Date of revision: 24 Aug 2012
Handle: RePEc:pra:mprapa:40858

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Keywords: Relación de preferencia débil; indiferencia; preferencia fuerte; función de utilidad;

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