Psychophysical foundations of the Cobb-Douglas utility function

DOI10.1016/j.econlet.2017.05.013zbMath1396.91171OpenAlexW2620259154MaRDI QIDQ1782288

Itzhak Gilboa, Rossella Argenziano

Publication date: 20 September 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2017.05.013

zbMATH Keywords

Weber's lawsemi-orderCobb-Douglas

Mathematics Subject Classification ID

Utility theory (91B16) Psychophysics and psychophysiology; perception (91E30)

Related Items (3)

Expected Scott-Suppes utility representation ⋮ Hysteresis, unconscious and economics ⋮ Just-noticeable difference as a behavioural foundation of the critical cost-efficiency index

Cites Work

• Cobb-Douglas preferences under uncertainty
• Classification of budget-invariant monotonic preferences
• Numerical representations of imperfectly ordered preferences (A unified geometric exposition)
• Semiorders and a Theory of Utility Discrimination

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