Preference (Economics)

Preference (Economics)

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In economics and other social sciences, preference refers to the set of assumptions related to ordering some alternatives, based on the degree of happiness, satisfaction, gratification, enjoyment, or utility they provide, a process which results in an optimal "choice" (whether real or imagined). Although economists are usually not interested in choices or preferences in themselves, they are interested in the theory of choice because it serves as a background for empirical demand analysis.show more

Product details

  • Paperback | 112 pages
  • 152 x 229 x 7mm | 177g
  • Sent Publishing
  • United States
  • English
  • black & white illustrations
  • 6136226332
  • 9786136226330