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Book cover of Utility of Gains and Losses

Utility of Gains and Losses

1999346 pagesTaylor & Francis Group

Synopsis

This book explores the mathematical models behind utility theory, examining how gains and losses influence decision-making. It delves into the complexities of cost-effectiveness and the underlying principles that guide economic choices. The work provides a rigorous framework for understanding human behavior in the context of economic utility.

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5 editions available