Open AccessLeast Concave Ordinal Utility Function and the Marshalian Cardinal Utility
Author(s) -
Taradas Bandyopadhyay,
Tanmay Biswas
Publication year - 2012
Publication title -
review of economic analysis
Language(s) - English
Resource type - Journals
ISSN - 1973-3909
DOI - 10.15353/rea.v4i1.1531
Subject(s) - class (philosophy) , mathematical economics , mathematics , function (biology) , ordinal data , econometrics , computer science , artificial intelligence , evolutionary biology , biology
This paper examines the conditions under which the Marshallian type of cardinal utility function can be derived from a class of ordinal utility functions.