Decision Theory and Choices: a Complexity Approach by Marisa Faggini
English | PDF | 2010 | 252 Pages | ISBN : 8847017777 | 3.96 MB
In economics agents are assumed to choose on the basis of rational calculations aimed at the maximization of their pleasure or profit. Formally, agents are said to manifest transitive and consistent preferences in attempting to maximize their utility in the presence of several constraints.