marginal utility of wealth
1Marginal utility — In economics, the marginal utility of a good or service is the utility gained (or lost) from an increase (or decrease) in the consumption of that good or service. Economists sometimes speak of a law of diminishing marginal utility, meaning that… …
2utility and value — ▪ economics Introduction in economics, the determination of the prices of goods and services. The modern industrial economy is characterized by a high degree of interdependence of its parts. The supplier of components or raw materials …
3Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism …
4Wealth elasticity of demand — in microeconomics is the relation of the proportional change in consumption of a good to a proportional change in wealth (as distinct from changes in personal income). Measuring and accounting for the variability in this elasticity is a… …
5Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… …
6Economic inequality — refers to disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among nations. Economic Inequality generally refers… …
7Utilitarians (The early) — The early utilitarians Bentham and James Mill G.L.Williams Jeremy Bentham was born in 1748 in London; his prosperous father, a lawyer who became wealthy from property rather than the law, planned out for his son a brilliant legal career. After an …
8УБЫВАЮЩАЯ ПРЕДЕЛЬНАЯ ПОЛЕЗНОСТЬ БОГАТСТВА — (diminishing marginal utility of wealth) См.: предельная полезность богатства (marginal utility of wealth). Экономика. Толковый словарь. М.: ИНФРА М , Издательство Весь Мир . Дж. Блэк. Общая редакция: д.э.н. Осадчая И.М.. 2000 …
9ПРЕДЕЛЬНАЯ ПОЛЕЗНОСТЬ БОГАТСТВА — (marginal utility of wealth) Повышение полезности для индивида вследствие небольшого увеличения совокупного богатства в расчете на единицу его прироста. Разумно предположить, что для большинства индивидов предельная полезность богатства является… …
10Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics …
