Utility and entropy

Juan R. De Miguel (), Ghanshyam B. Mehta (), Esteban Induráin () and Juan C. Candeal ()
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Juan R. De Miguel: Universidad Pública de Navarra, Departamento de Mátematica e Informática, Campus Arrosadia, 31006, SPAIN
Ghanshyam B. Mehta: Department of Economics, University of Queensland, Brisbane, Queensland 4072, AUSTRALIA
Esteban Induráin: Universidad Pública de Navarra, Departamento de Mátematica e Informática, Campus Arrosadia, 31006, SPAIN
Juan C. Candeal: Universidad de Zaragoza, Departamento de Análisis Económico, c/ Doctor Cerrada, 50005 Zaragoza, SPAIN

Economic Theory, 2001, vol. 17, issue 1, 233-238

Abstract: In this paper we study an astonishing similarity between the utility representation problem in economics and the entropy representation problem in thermodynamics.

Keywords: Utility; Entropy. (search for similar items in EconPapers)
Date: 2000-11-14
Note: Received: May 17, 1999; revised version: October 16, 2000
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