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Money-Metric Utility Functions

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  • Weymark, John A

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  • Weymark, John A, 1985. "Money-Metric Utility Functions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(1), pages 219-232, February.
    • Handle: RePEc:ier:iecrev:v:26:y:1985:i:1:p:219-32
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    Citations

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    Cited by:

    1. J-D Lee & A Repkine & S-W Hwang & T-Y Kim, 2004. "Estimating consumers' willingness to pay for individual quality attributes with DEA," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(10), pages 1064-1070, October.
    2. Donaldson, David, 1992. "On The Aggregation Of Money Measures Of Well-Being In Applied Welfare Economics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(1), pages 1-12, July.
    3. Mehta, Ghanshyam B., 1995. "Metric utility functions," Journal of Economic Behavior & Organization, Elsevier, vol. 26(2), pages 289-298, March.
    4. Ali Khan, M. & Schlee, Edward E., 2017. "The nonconcavity of money-metric utility: A new formulation and proof," Economics Letters, Elsevier, vol. 154(C), pages 10-12.
    5. David Canning, 2007. "Valuing Lives Equally and Welfare Economics," PGDA Working Papers 2707, Program on the Global Demography of Aging.
    6. David Canning, 2013. "Axiomatic Foundations For Cost‐Effectiveness Analysis," Health Economics, John Wiley & Sons, Ltd., vol. 22(12), pages 1405-1416, December.
    7. Susanne Fuchs-Seliger, 2016. "Axiomatic Models of Rational Behavior and Interpretations," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 33(4), pages 385-401, December.
    8. Blackorby, Charles & Laisney, Francois & Schmachtenberg, Rolf, 1993. "Reference-price-independent welfare prescriptions," Journal of Public Economics, Elsevier, vol. 50(1), pages 63-76, January.
    9. Hammond, Peter J. & Liberini, Federica & Proto, Eugenio, 2011. "Individual Welfare and Subjective Well-Being : Commentary Inspired by Sacks, Stevenson and Wolfers," The Warwick Economics Research Paper Series (TWERPS) 957, University of Warwick, Department of Economics.
    10. Miyake, Mitsunobu, 2016. "Logarithmically homogeneous preferences," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 1-9.
    11. Yan Yang, 2019. "A New Solution to Market Definition: An Approach Based on Multi-dimensional Substitutability Statistics," Papers 1906.10030, arXiv.org.
    12. Schlee, Edward E. & Ali Khan, M., 2023. "Money-metrics in local welfare analysis: Pareto improvements and equity considerations," Journal of Economic Theory, Elsevier, vol. 213(C).
    13. James Moore, 2010. "On aggregation and welfare analysis," Review of Economic Design, Springer;Society for Economic Design, vol. 14(1), pages 95-129, March.
    14. Alcantud, J. C. R. & Manrique, A., 2001. "Continuous representation by a money-metric function," Mathematical Social Sciences, Elsevier, vol. 41(3), pages 365-373, May.
    15. Ida Petrillo, 2018. "Computation of Equivalent Incomes and Social Welfare for EU and Non-EU Countries," CESifo Economic Studies, CESifo Group, vol. 64(3), pages 396-425.

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