• Preference theory is a multidisciplinary (mainly sociological) theory developed by Catherine Hakim. It seeks both to explain and predict women's choices...
    8 KB (769 words) - 16:00, 22 March 2024
  • Revealed preference theory, pioneered by economist Paul Anthony Samuelson in 1938, is a method of analyzing choices made by individuals, mostly used for...
    18 KB (2,303 words) - 20:30, 13 June 2025
  • In macroeconomic theory, liquidity preference is the demand for money, considered as liquidity. The concept was first developed by John Maynard Keynes...
    10 KB (1,187 words) - 05:32, 26 May 2025
  • B. Preferences are central to decision theory because of this relation to behavior. Some methods such as Ordinal Priority Approach use preference relation...
    23 KB (2,693 words) - 21:44, 22 May 2025
  • expected income affect one's time preference. Work on time preference began with John Rae’s “The Sociological Theory of Capital” in an attempt to answer...
    53 KB (7,103 words) - 12:49, 22 May 2025
  • Thumbnail for Indifference curve
    of the slope is decreasing or becoming less steep, then the preference is convex. The theory of indifference curves was developed by Francis Ysidro Edgeworth...
    32 KB (4,675 words) - 08:50, 2 November 2024
  • concept of preference plays a key role in many disciplines, including moral philosophy and decision theory. The logical properties that preferences possess...
    36 KB (4,785 words) - 07:34, 9 June 2025
  • The theory, as outlined by R. M. Hare in 1981, is controversial, insofar as it presupposes some basis by which a conflict between A's preferences and...
    5 KB (523 words) - 17:49, 28 May 2025
  • but has major social and political consequences. He provides a theory of how preference falsification shapes collective illusions, sustains social stability...
    62 KB (8,057 words) - 13:19, 15 June 2025
  • liquidity preference, and gave new prominence to the multiplier and the marginal efficiency of capital. The central argument of The General Theory is that...
    65 KB (9,322 words) - 14:29, 26 May 2025
  • admitted by the simplified liquidity preference model of the General Theory. Once he rejects the classical theory that unemployment is due to excessive...
    108 KB (13,333 words) - 05:17, 7 June 2025
  • Thumbnail for Microeconomics
    microeconomic theory is by taking consumer choice as primitive. This model of microeconomic theory is referred to as revealed preference theory. The theory of supply...
    50 KB (5,949 words) - 09:42, 6 June 2025
  • personal preferences and the constraints facing them. Rational choice theory can be viewed in different contexts. At an individual level, the theory suggests...
    60 KB (7,159 words) - 10:10, 7 June 2025
  • function is a function representing the preferences of an agent on an ordinal scale. Ordinal utility theory claims that it is only meaningful to ask...
    23 KB (3,953 words) - 10:12, 2 June 2025
  • is known for developing the preference theory, for her work on erotic capital and more recently for a sex-deficit theory. She is currently a professorial...
    20 KB (1,976 words) - 03:16, 26 May 2025
  • Thumbnail for Multiple-criteria decision analysis
    (MADM), multiple attribute utility theory, multiple attribute value theory, multiple attribute preference theory, and multi-objective decision analysis...
    49 KB (5,970 words) - 21:20, 8 June 2025
  • Modern mainstream economics rejects the LTV and uses a theory of value based on subjective preferences. According to the LTV, value refers to the amount of...
    71 KB (9,609 words) - 21:58, 25 May 2025
  • utility representation theorem shows that, under certain conditions, a preference ordering can be represented by a real-valued utility function, such that...
    19 KB (2,747 words) - 22:42, 22 May 2025
  • Thumbnail for Condorcet paradox
    likelihood of its occurrence: different perspectives on balanced preferences*". Theory and Decision. 52 (2): 171–199. doi:10.1023/A:1015551010381. ISSN 0040-5833...
    25 KB (3,469 words) - 09:30, 8 June 2025
  • Speculative demand for money (category Economic theories stubs)
    optimally part of a portfolio of assets being held as investments. In economic theory, specifically Keynesian economics, speculative demand is one of the determinants...
    2 KB (285 words) - 17:19, 11 January 2025
  • 2004). "Consumer Theory" (PDF). Retrieved 22 April 2021. Wong, Stanley (2006). Foundations of Paul Samuelson's revealed preference theory (PDF) (Revised ed...
    9 KB (1,459 words) - 18:35, 27 September 2023
  • Loanable funds (category Macroeconomic theories)
    influence the price level (as per the quantity theory of money). Keynesian liquidity preference theory determines interest and income using two separate...
    7 KB (948 words) - 07:58, 21 October 2024
  • is clear. The study of complete markets is central to state-preference theory. The theory can be traced to the work of Kenneth Arrow (1964), Gérard Debreu...
    3 KB (460 words) - 22:52, 24 January 2025
  • also the intensity of preferences, i.e. how much better or worse one outcome is compared to another. In consumer choice theory, economists originally...
    37 KB (4,652 words) - 17:24, 24 May 2025
  • where "preference votes" are used to express preference for individual candidates instead of party lists. Electoral system Social choice theory Weighted...
    1 KB (125 words) - 14:16, 5 May 2025
  • "Economic Theory of Choice and the Preference Reversal Phenomenon". American Economic Review. 69 (4): 623–638. JSTOR 1808708. Holt C (1986). "Preference Reversals...
    43 KB (5,770 words) - 18:07, 3 June 2025
  • consumption does not; Cantillon's theory of interest is therefore similar to John Maynard Keynes's liquidity preference theory. Traditionally, it is Jean-Baptiste...
    46 KB (5,816 words) - 11:54, 24 May 2025
  • Thumbnail for Frank Fetter
    for a special theory of ground rent...." A proponent of the subjective theory of value, Fetter emphasized the importance of time preference and rebuffed...
    19 KB (2,012 words) - 16:56, 7 June 2025
  • Jeremy Bentham. Smart's combination of the preference theory with consequentialism is sometimes called "preference utilitarianism". Smart's arguments against...
    20 KB (1,896 words) - 09:24, 2 June 2025
  • Recently, Gül has specialized in choice theory, working with Wolfgang Pesendorfer on the revealed preference theory of temptation and self control. To date...
    5 KB (304 words) - 15:58, 14 December 2023