Remarks concerning concave utility functions on finite sets (Q2486962)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Remarks concerning concave utility functions on finite sets |
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Remarks concerning concave utility functions on finite sets (English)
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17 August 2005
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The author suggests a procedure for computing utility levels successively from the bottom up, one indifference level at a time. There is shown that in the finite case least concave utilities do not necessarily exist.
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computing algorithm
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concave utility
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finite sets
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least concavity
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