Theoretical and Applied Economics
No. 9 / 2012 (574)
Economy of Referential Preferences A new mathematical approach for choice theory and general equilibrium
University of Tunis
Abstract. In this paper we introduce basic notions of a new economic model where preference relations on commodities set are represented by a group action on Euclidean space instead of utility function. Conditions that ensure the existence of individual demand function and a general equilibrium in the setting of exchange economy are examined.
Keywords: preference relations; group theory; general equilibrium.
Contents
- Innovative clusters: a solution for the economic
development of Romania
Mihaela-Cornelia DAN
- Corruption, democracy and bureaucracy
Aviral Kumar TIWARI
- Testing weak form informational efficiency
on the Romanian capital market
Andrei STĂNCULESCU
Eugen MITRICĂ
- The impact of labour market imbalances
on regional disparities in the post-crisis context
Gina Cristina DIMIAN
- Laggards or performers? CEE vs. PIIGS countries’
catch-up with the Euro Area in the last ten years
Cristina TATOMIR
Ileana ALEXE
- Economy of Referential Preferences
A new mathematical approach
for choice theory and general equilibrium
Teycir GOUCHA
- The industry of copies – obstacle for the economic
recovery. Examples from the markets
Daniel BELINGHER
- The road to the new economy
Alina GINGHINĂ
- Globalization and the identity dilemma
Alina-Petronela NEGREA
- Economic fundamentals:
between consecration and contestation
Monica-Gabriela GHERMAN