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Title Details:
Revealed preferences theory and consumer choice under uncertainty
Authors: Tsounis, Nicholas
Reviewer: Agiomirgianakis, George M.
Description:
Abstract:
The theory of revealed preferences in consumer behavior is examined and the demand function is derived. The consumer's choices under conditions of uncertainty are also examined using the von Neumann-Morgenstern expected utility function. An application of the expected utility function and the consumer's function under uncertainty for demand for insurance services is presented.
Linguistic Editors: Antonopoulos, Yannis
Graphic Editors: Stavropoulos, Ilias
Type: Chapter
Creation Date: 16-01-2024
Item Details:
License: Attribution - NonCommercial - ShareAlike 4.0 International (CC BY-NC-SA 4.0)
Handle http://hdl.handle.net/11419/12157
Bibliographic Reference: Tsounis, N. (2024). Revealed preferences theory and consumer choice under uncertainty [Chapter]. In Tsounis, N. 2024. Theory of the Consumer Behaviour [Postgraduate textbook]. Kallipos, Open Academic Editions. https://hdl.handle.net/11419/12157
Language: Greek
Is Part of: Theory of the Consumer Behaviour
Publication Origin: Kallipos, Open Academic Editions