Money-Metric Utility Functions

John A. Weymark

doi:10.2307/2526537

Money-Metric Utility Functions

International Economic Review ◽

10.2307/2526537 ◽

1985 ◽

Vol 26 (1) ◽

pp. 219 ◽

Cited By ~ 27

Author(s):

John A. Weymark

Keyword(s):

Utility Functions ◽

Money Metric Utility

Money-metric utility functions in the theory of revealed preference

Mathematical Social Sciences ◽

10.1016/0165-4896(89)90030-9 ◽

1989 ◽

Vol 18 (3) ◽

pp. 199-210 ◽

Cited By ~ 5

Author(s):

Susanne Fuchs-Seliger

Keyword(s):

Revealed Preference ◽

Utility Functions ◽

Money Metric Utility

On the Role of Income Compensation Functions as Money — Metric Utility Functions

Measurement in Economics ◽

10.1007/978-3-642-52481-3_19 ◽

1988 ◽

pp. 221-237

Author(s):

S. Fuchs Seliger

Keyword(s):

Utility Functions ◽

Money Metric Utility

Ranking Opportunity Sets Taking into Account Similarity Relations Induced by Money-Metric Utility Functions

Mathematical Topics on Representations of Ordered Structures and Utility Theory - Studies in Systems, Decision and Control ◽

10.1007/978-3-030-34226-5_17 ◽

2020 ◽

pp. 313-324

Author(s):

Carmen Vázquez

Keyword(s):

Utility Functions ◽

Opportunity Sets ◽

Similarity Relations ◽

Money Metric Utility

Weakly Monotonic Preference Relations Representable by Concave Utility Functions - It's Easy

SSRN Electronic Journal ◽

10.2139/ssrn.3088441 ◽

2017 ◽

Author(s):

Somdeb Lahiri

Keyword(s):

Utility Functions ◽

Preference Relations

Pareto Distribution of Consumption Values as an Origin of Utility Functions over Wealth with Constant Elasticity

SSRN Electronic Journal ◽

10.2139/ssrn.3694202 ◽

2020 ◽

Author(s):

Chishio Furukawa

Keyword(s):

Pareto Distribution ◽

Utility Functions ◽

Constant Elasticity ◽

Consumption Values

A Model for Applying Information and Utility Functions

Philosophy of Science ◽

10.1086/287941 ◽

1963 ◽

Vol 30 (3) ◽

pp. 267-273 ◽

Cited By ~ 1

Author(s):

David Harrah

Keyword(s):

Utility Functions

Pareto Efficient Auctions with Interest Rates

Proceedings of the AAAI Conference on Artificial Intelligence ◽

10.1609/aaai.v33i01.33011989 ◽

2019 ◽

Vol 33 ◽

pp. 1989-1995

Author(s):

Gagan Goel ◽

Vahab Mirrokni ◽

Renato Paes Leme

Keyword(s):

Interest Rate ◽

Interest Rates ◽

Utility Functions ◽

Limited Access ◽

Incentive Compatible ◽

Pareto Efficient ◽

Available Resources

We consider auction settings in which agents have limited access to monetary resources but are able to make payments larger than their available resources by taking loans with a certain interest rate. This setting is a strict generalization of budget constrained utility functions (which corresponds to infinite interest rates). Our main result is an incentive compatible and Pareto-efficient auction for a divisible multi-unit setting with 2 players who are able to borrow money with the same interest rate. The auction is an ascending price clock auction that bears some similarities to the clinching auction but at the same time is a considerable departure from this framework: allocated goods can be de-allocated in future and given to other agents and prices for previously allocated goods can be raised.

David Harrah. A logic of questions and answers. Philosophy of science, vol. 28 (1961), pp. 40–46. - David Harrah. Communication: A logical model. The M.I.T. Press, Cambridge, Massachusetts, 1963, xi + 118 pp. - David Harrah. A model for applying information and utility functions. Philosophy of science, vol. 30 (1963), pp. 267–273.

Journal of Symbolic Logic ◽

10.2307/2271625 ◽

1964 ◽

Vol 29 (3) ◽

pp. 136-138 ◽

Cited By ~ 2

Author(s):

Nuel D. Belnap

Keyword(s):

Philosophy Of Science ◽

Utility Functions ◽

Logic Of Questions ◽

Logical Model ◽

Questions And Answers

Measuring the outcome of movement-based three-way decision using proportional utility functions

Applied Intelligence ◽

10.1007/s10489-021-02325-2 ◽

2021 ◽

Author(s):

Chunmao Jiang ◽

Doudou Guo ◽

Ruiyang Xu

Keyword(s):

Utility Functions

UTILITY FUNCTIONS AND FISCAL ILLUSION FROM GRANTS

National Tax Journal ◽

10.1086/ntj41788837 ◽

1990 ◽

Vol 43 (2) ◽

pp. 201-205

Author(s):

J. PATRICK O'BRIEN ◽

YEUNG-NAN SHIEH

Keyword(s):

Utility Functions ◽

Fiscal Illusion