This paper provides simpler and more general preference foundations for difference representations than known before and shows how to obtain cardinal utility from those difference representations. In ...

The Canadian Journal of Economics and Political Science / Revue canadienne d'Economique et de Science politique With around 1400 members across the country and from abroad, the Canadian Economics ...

Discover the concept of utility in microeconomics, exploring its origins, types, and applications to analyze consumer ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Erika Rasure is globally-recognized as a leading consumer economics subject ...