Convex preferences
In economics, convex preferences are an individual's ordering of various outcomes, typically with regard to the amounts of various goods consumed, with the property that, roughly speaking, "averages are better than the extremes". The concept roughly corresponds to the concept of diminishing marginal utility without requiring utility functions.
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Arrow–Debreu modelCompetitive equilibriumConcavificationConsumer choiceConvexConvex hullConvexity in economicsConvexity of preferencesEfficient envy-free divisionFundamental theorems of welfare economicsGeneral equilibrium theoryGlossary of economicsHarold HotellingHerman WoldHicksian demand functionIndifference curveLeontief utilitiesLinear utilityMarginal rate of substitutionMarshallian demand functionNon-convexity (economics)Ordinal utilityPreference (economics)Price pointQuasiconvex functionQuasilinear utilityShephard's lemmaUtility functions on divisible goods
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Convex preferences
In economics, convex preferences are an individual's ordering of various outcomes, typically with regard to the amounts of various goods consumed, with the property that, roughly speaking, "averages are better than the extremes". The concept roughly corresponds to the concept of diminishing marginal utility without requiring utility functions.
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In economics, convex preferenc ...... t requiring utility functions.
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Выпуклое отношение предпочтени ...... ывающая предельная полезность.
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Опу́клість відношення переваги ...... спадними та опуклими кривими.
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In economics, convex preferenc ...... t requiring utility functions.
@en
Выпуклое отношение предпочтени ...... ие является нестрого выпуклым.
@ru
Опу́клість відношення переваги ...... стивість є ще більш природною.
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label
Convex preferences
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Выпуклое отношение предпочтения
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Опукле відношення переваги
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