Preferences Relations and Consumer Theory

2021/11/08 by Manuel Ferreira, Ferreira, Manuel Alberto M., José Filipe +1
Economics, Econometrics and Finance · Business, Management and Accounting · #Economic theories and models #Business Strategy and Innovation

paper · pdf · doi:10.48550/arxiv.2111.04741

Abstract

In this paper an interesting application of mathematics in economics is presented: the formulation of the theory of consumer basic problem, grounded on the concept of preferences relation and operationalized with optimization tools.

Related

• The nature of individual choice: a formalism for utility function based on set theory
• Constructing the demand function of a strictly convex preference relation
• A Note on the Pure Theory of Consumer's Behaviour
• Preference Modelling
• The Relationship between Consumer Theories with and without Utility Maximization