The generalized marginal rate of substitution (Q1300430): Difference between revisions
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Latest revision as of 11:13, 30 July 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | The generalized marginal rate of substitution |
scientific article |
Statements
The generalized marginal rate of substitution (English)
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1 September 1999
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The generalized marginal rate of substitution is defined and related to the uniform properness property of a preference relation. In the reviewer's opinion, this generalized marginal rate of substitution is very useful for economical considerations.
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utility
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generalized marginal rate of substitution
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uniform properness
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preference relation
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