Economics
aliosha karamazov's user avatar
aliosha karamazov's user avatar
aliosha karamazov's user avatar
aliosha karamazov
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14 Questions

Score Activity Newest Views
4 votes
2 answers
246 views

Why is the supply function the first derivative of the profit function in the long run?

3 votes
2 answers
138 views

What is the budget constraint when we assume a common utility function?

2 votes
1 answer
80 views

Can a preference relation not satisfy monotonicity and still be represented by an Utility function?

2 votes
2 answers
102 views

What does it mean if the derivative of the Utility function (at the optimal bundle) is 0?

2 votes
1 answer
187 views

Why is there a Walrasian Equilibrium if excess demand goes to infinity as price goes to 0?

1 vote
0 answers
29 views

What is the difference between preferences of the producer vs the consumer?

1 vote
1 answer
28 views

Can the following behavior be rationalized if it yields a choice function?

1 vote
1 answer
41 views

Can the following statement be rationalized if it yields a choice function?

1 vote
0 answers
25 views

If kink, is the agent risk-neutral?

0 votes
0 answers
21 views

How does concavity imply that the marginal utility of a gain is less than the difference between utilities?

0 votes
1 answer
87 views

Can strict preference be represented by Utility function if not complete?

0 votes
0 answers
41 views

What does differentiability of Utility function at an optimal solution x* mean?

0 votes
0 answers
18 views

What are the conditions to determine whether demand function is rationalizable?

0 votes
0 answers
10 views

How to rationalize the following behaviors using preference relations?

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