Ordinal preference theory

Harald Wiese ()
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Harald Wiese: Universität Leipzig

Chapter Chapter 4 in Advanced Microeconomics, 2021, pp 59-92 from Springer

Abstract: Abstract Preferences are a relation between objects. Deciders prefer (would rather like to have) one object to another. So far, the preferences of decision makers are depicted by “payoffs”. We did not discuss where the payoffs come from and what they mean.

Date: 2021
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DOI: 10.1007/978-3-658-34959-2_4

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