About: Reference-Dependence and Marginal Utility: Alt, Samuelson, and Bernardelli

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About: Reference-Dependence and Marginal Utility: Alt, Samuelson, and Bernardelli Goto Sponge NotDistinct Permalink

An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

Attributes	Values
rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
rdfs:seeAlso	http://dx.doi.org/10.1215/00182702-2815611
Description	This article shows that the possibility of formally incorporating reference-dependence into the theory of consumer behavior was explored well before Kahneman and Tversky in the early 1990s; specifically, in separate papers by Alt, Samuelson, and Bernardelli in the late 1930s. These papers emerged within a debate on the relationship between marginal utility and the ordinality/cardinality of utility. The present article identifies Alt's, Samuelson's, and Bernardelli's contributions and delineates the relationship between marginal utility and reference-dependence. It also discusses the reception of their ideas by other economists and suggests some reasons for their neglect. This article shows that the possibility of formally incorporating reference-dependence into the theory of consumer behavior was explored well before Kahneman and Tversky in the early 1990s; specifically, in separate papers by Alt, Samuelson, and Bernardelli in the late 1930s. These papers emerged within a debate on the relationship between marginal utility and the ordinality/cardinality of utility. The present article identifies Alt's, Samuelson's, and Bernardelli's contributions and delineates the relationship between marginal utility and reference-dependence. It also discusses the reception of their ideas by other economists and suggests some reasons for their neglect. (en)
Title	Reference-Dependence and Marginal Utility: Alt, Samuelson, and Bernardelli Reference-Dependence and Marginal Utility: Alt, Samuelson, and Bernardelli (en)
skos:prefLabel	Reference-Dependence and Marginal Utility: Alt, Samuelson, and Bernardelli Reference-Dependence and Marginal Utility: Alt, Samuelson, and Bernardelli (en)
skos:notation	RIV/00216208:11620/14:10281998!RIV15-MSM-11620___
http://linked.open...avai/riv/aktivita	I
http://linked.open...avai/riv/aktivity	I
http://linked.open...iv/cisloPeriodika	4
http://linked.open...vai/riv/dodaniDat	2015
http://linked.open...aciTvurceVysledku	Hudík, Marek
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Univerzita Karlova v Praze / Centrum pro teoretická studia
http://linked.open...dnocenehoVysledku	41750
http://linked.open...ai/riv/idVysledku	RIV/00216208:11620/14:10281998
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Harro Bernardelli; Paul Samuelson; Franz Alt; cardinal utility; ordinal utility; marginal utility; reference-dependent utility (en)
http://linked.open.../riv/klicoveSlovo	marginal utility Franz Alt Harro Bernardelli Paul Samuelson cardinal utility ordinal utility reference-dependent utility
http://linked.open...odStatuVydavatele	US - Spojené státy americké
http://linked.open...ontrolniKodProRIV	[EFA745DEF82C]
http://linked.open...i/riv/nazevZdroje	History of Political Economy
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...UplatneniVysledku	2014
http://linked.open...v/svazekPeriodika	46
http://linked.open...iv/tvurceVysledku	Hudík, Marek
http://linked.open...ain/vavai/riv/wos	000345952100005
issn	0018-2702
number of pages	17 (xsd:int)
http://bibframe.org/vocab/doi	10.1215/00182702-2815611
http://localhost/t...ganizacniJednotka	11620

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