Electronic Resource
Oxford, UK
:
Blackwell Publishing Ltd
Metroeconomica
15 (1963), S. 0
ISSN:
1467-999X
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
A study is made of the hypothesis that the utility of a combination of goods is a weighted sum of Bernoullian Utilities for the separate goods. If the utility of money, at given prices for the goods, is defined as the maximum utility of goods attainable with it, it follows from this hypothesis that the utility of money also has Bernoullian form. Investigation is made of the admissibility of the hypothesis on given expediture data, and of the index-number theory that can be founded on it. It is also considered how the utility of money under-goes transformation as prices change.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1467-999X.1963.tb00519.x
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