- consumption utility function
- n.消费效用函数
English-Chinese dictionary of mining (英汉矿业大词典). 2013.
consumption utility function
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Indirect utility function — In economics, a consumer s indirect utility functionv(p, w) gives the consumer s maximal utility when faced with a price level p and an amount of income w. It represents the consumer s preferences over market conditions.This function is called… … Wikipedia
Stone-Geary utility function — The Stone Geary utility function takes the form:U = prod {i} (q i gamma i)^{eta {iwhere U is utility, q i is consumption of good i, and eta and gamma are parameters.For gamma i = 0, the Stone Geary function reduces to the generalised Cobb… … Wikipedia
Consumption smoothing — is the economic concept used to express the desire of people for having a stable path of consumption. Since Milton Friedman s permanent income theory (1956) and Modigliani and Brumberg (1954) life cycle model, the idea that agents prefer a stable … Wikipedia
Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism … Wikipedia
consumption — /keuhn sump sheuhn/, n. 1. the act of consuming, as by use, decay, or destruction. 2. the amount consumed: the high consumption of gasoline. 3. Econ. the using up of goods and services having an exchangeable value. 4. Pathol. a. Older Use.… … Universalium
Utility maximization problem — In microeconomics, the utility maximization problem is the problem consumers face: how should I spend my money in order to maximize my utility? Basic setupSuppose their consumption set, or the enumeration of all possible consumption bundles that… … Wikipedia
consumption function — ▪ economics in economics, the relationship between consumer spending and the various factors determining it. At the household or family level, these factors may include income, wealth, expectations about the level and riskiness of future… … Universalium
Consumption (economics) — Economics … Wikipedia
consumption + affluent society — by David B. Clarke A society in which an ever accelerating procession of generations of products results in a luxuriant growth of objects (SO, 3) calls for the kind of taxonomical effort normally reserved for flora and fauna, Baudrillard… … The Baudrillard dictionary
Isoelastic utility — In economics, the isoelastic function for utility, also known as the isoelastic utility function, constant relative risk aversion utility function, or power utility function, is used to express utility in terms of consumption or some other… … Wikipedia
Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… … Wikipedia
