AGGREGATION OF UTILITY FUNCTIONS

Abstract

The author shows that if in an economy each consumer has a fixed income and acts so as to maximize a concave, continuous and homogeneous utility function, then both a social welfare and a community utility function exist.

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Document Details

Document Type
Technical Report
Publication Date
Jul 14, 1958
Accession Number
AD0606914

Entities

People

  • Edmund Eisenberg

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Additives (Chemicals)
  • Communities
  • Continuity
  • Hard Copy
  • Homogeneity
  • Inequalities
  • Microfiche
  • Numbers
  • Point Theorem
  • Price Index
  • Real Numbers
  • Social Welfare
  • Standards
  • Topology

Fields of Study

  • Economics

Readers

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  • Industrial Economics
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