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indifference curve map

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  • Indifference curve — In microeconomic theory, an indifference curve is a graph showing different bundles of goods, each measured as to quantity, between which a consumer is indifferent. That is, at each point on the curve, the consumer has no preference for one… …   Wikipedia

  • Indifference map — In microeconomic theory a preference map or indifference map is the collection of indifference curves posessed by an individual. Similar in nature to a topographical map, the contour lines of such a map demonstrating progressively more desireable …   Wikipedia

  • Welfare economics — Economics …   Wikipedia

  • Corner solution — A corner solution is a special solution to an agent s maximization problem in which the quantity of one of the arguments in the maximized function is zero. The more usual solution will lie in the non zero interior at the point of tangency between …   Wikipedia

  • Social welfare function — In economics a social welfare function can be defined as a real valued function that ranks conceivable social states (alternative complete descriptions of the society) from lowest on up as to welfare of the society. Inputs of the function include …   Wikipedia

  • Кривая безразличия — INDIFFERENCE CURVE График, отображающий все возможные сочетания двух продуктов, дающих потребителю одинаковую полезность или удовлетворение: Сочетание количества ОА продукта Х и количества ОВ продукта Y дает потребителю такое же удовлетворение,… …   Словарь-справочник по экономике

  • utility 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 …   Universalium

  • Ordinal utility — theory states that while the utility of a particular good or service cannot be measured using a numerical scale bearing economic meaning in and of itself, pairs of alternative bundles (combinations) of goods can be ordered such that one is… …   Wikipedia

  • Economics — 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 …   Wikipedia

  • Isoquant — ImageStackRight|270 In economics, an isoquant (derived from quantity and the Greek word iso [meaning equal] ) is a contour line drawn through the set of points at which the same quantity of output is produced while changing the quantities of two… …   Wikipedia

  • Budget constraint — A Budget constraint represents the combinations of goods and services that a consumer can purchase given current prices and his income. Consumer theory uses the concepts of a budget constraint and a preference map to analyze consumer choices.… …   Wikipedia

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