THE DETERMINATION OF MANY-COMMODITY PREFERENCE SCALES BY TWO-COMMODITY COMPARISONS,
Abstract
It is the purpose of the paper to show that, under the assumptions usually made in economic literature, the determination of a preference scale relating to many commodities can always be accomplished by means of comparisons involving the variation of only two commodities at a time.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 03, 1948
- Accession Number
- AD0603810
Entities
People
- J. W. T. Youngs
- K. J. Arrow
Organizations
- RAND Corporation