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Money-Metric Utility Functions

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  • Weymark, John A

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  • Weymark, John A, 1985. "Money-Metric Utility Functions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(1), pages 219-232, February.
  • Handle: RePEc:ier:iecrev:v:26:y:1985:i:1:p:219-32
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    Cited by:

    1. J-D Lee & A Repkine & S-W Hwang & T-Y Kim, 2004. "Estimating consumers' willingness to pay for individual quality attributes with DEA," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(10), pages 1064-1070, October.
    2. Blackorby, Charles & Laisney, Francois & Schmachtenberg, Rolf, 1993. "Reference-price-independent welfare prescriptions," Journal of Public Economics, Elsevier, vol. 50(1), pages 63-76, January.
    3. Donaldson, David, 1992. "On The Aggregation Of Money Measures Of Well-Being In Applied Welfare Economics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(1), pages 1-12, July.
    4. Mehta, Ghanshyam B., 1995. "Metric utility functions," Journal of Economic Behavior & Organization, Elsevier, vol. 26(2), pages 289-298, March.
    5. Miyake, Mitsunobu, 2016. "Logarithmically homogeneous preferences," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 1-9.
    6. Yan Yang, 2019. "A New Solution to Market Definition: An Approach Based on Multi-dimensional Substitutability Statistics," Papers 1906.10030, arXiv.org.
    7. James Moore, 2010. "On aggregation and welfare analysis," Review of Economic Design, Springer;Society for Economic Design, vol. 14(1), pages 95-129, March.
    8. Ali Khan, M. & Schlee, Edward E., 2017. "The nonconcavity of money-metric utility: A new formulation and proof," Economics Letters, Elsevier, vol. 154(C), pages 10-12.
    9. David Canning, 2007. "Valuing Lives Equally and Welfare Economics," PGDA Working Papers 2707, Program on the Global Demography of Aging.
    10. Alcantud, J. C. R. & Manrique, A., 2001. "Continuous representation by a money-metric function," Mathematical Social Sciences, Elsevier, vol. 41(3), pages 365-373, May.
    11. David Canning, 2013. "Axiomatic Foundations For Cost‐Effectiveness Analysis," Health Economics, John Wiley & Sons, Ltd., vol. 22(12), pages 1405-1416, December.
    12. Ida Petrillo, 2018. "Computation of Equivalent Incomes and Social Welfare for EU and Non-EU Countries," CESifo Economic Studies, CESifo, vol. 64(3), pages 396-425.
    13. Susanne Fuchs-Seliger, 2016. "Axiomatic Models of Rational Behavior and Interpretations," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 33(4), pages 385-401, December.
    14. Hammond, Peter J. & Liberini, Federica & Proto, Eugenio, 2011. "Individual Welfare and Subjective Well-Being : Commentary Inspired by Sacks, Stevenson and Wolfers," The Warwick Economics Research Paper Series (TWERPS) 957, University of Warwick, Department of Economics.

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