Ordinal utility — theory states that while the utility of a particular good or service cannot be measured using a numerical scale bearing economic meaning in and of itself, pairs of alternative bundles (combinations) of goods can be ordered such that one is… … Wikipedia
Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism … Wikipedia
Cardinal utility — In economics, cardinal utility is a theory of utility under which the utility (roughly, satisfaction) gained from a particular good or service can be measured and that the magnitude of the measurement is meaningful. Under cardinal utility theory … 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
Hendrik S. Houthakker — Hendrik Samuel Hank Houthakker (December 31, 1924 ndash; April 15, 2008) was a Dutch Jewish born American economist. [http://media3.washingtonpost.com/wp dyn/content/photo/2008/04/22/PH2008042202874.jpgPicture] Houthakker was born in Amsterdam.… … Wikipedia
Austrian School — Part of a series on Libertarianism Austrian School … Wikipedia
Arrow's impossibility theorem — In social choice theory, Arrow’s impossibility theorem, the General Possibility Theorem, or Arrow’s paradox, states that, when voters have three or more distinct alternatives (options), no voting system can convert the ranked preferences of… … Wikipedia
Welfare economics — Economics … Wikipedia
Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics … Wikipedia
Mathematical economics — Economics … Wikipedia
Neoclassical economics — Economics … Wikipedia