Convex preferences

In economics, convex preferences is a property of an individual's ordering of various outcomes which roughly corresponds to the idea that "averages are better than the extremes". The concept roughly corresponds to the concept of diminishing marginal utility without requiring utility functions.

单词	Convex preferences
释义	Convex preferences 英语百科 Convex preferences In economics, convex preferences is a property of an individual's ordering of various outcomes which roughly corresponds to the idea that "averages are better than the extremes". The concept roughly corresponds to the concept of diminishing marginal utility without requiring utility functions.
随便看	real analytic manifold real analytic principal bundle real analytic structure real and financial term real and financial terms real and imaginary real and personal property real angle Real answer real antenna real antigen real anxiety real aperture real aperture antenna Real aperture radar real appearance real apperture radar real application cluster real appreciation real area real argument real arithmetic real arithmetic constant real arithmetic data Real asset