'Consumption bundles' diaporamas de présentation

Total Utility and Marginal Utility

1.2k views • 42 slides

Principles and Preferences

344 views • 27 slides

1. How consumers choose to spend their income on goods and services

1. How consumers choose to spend their income on goods and services 2. Why consumers make choices by maximizing utility, a measure of satisfaction from consumption 3. Why the principle of diminishing marginal utility applies to the consumption of most goods and services

335 views • 23 slides

Evaluation and pricing of risk under stochastic volatility

Evaluation and pricing of risk under stochastic volatility. Giacomo Bormetti Scuola Normale Superiore, Pisa. Agenda. P versus Q: a brief overview of two branches of quantitative finance Freely inspired by http://ssrn.com/abstract=1717163 The Stochastic Discount Factor

383 views • 22 slides

CH 7 : Utility and Demand

CH 7 : Utility and Demand. A Numerical Example :. 1- Total utility : is the total benefit or satisfaction a person gets from the consumption of goods. Generally, more consumption gives more total utility.

236 views • 10 slides