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dc.contributor.authorBinder, Martinen
dc.date.accessioned2009-12-08-
dc.date.accessioned2010-05-20T14:33:44Z-
dc.date.available2010-05-20T14:33:44Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/32569-
dc.description.abstractThe concept of utility is often used in ambiguous ways in economics, from having substantive psychological connotations to being a formal placeholder representing a person's preferences. In the accounts of the early utilitarians, it was a multidimensional measure that has been condensed during the marginalist revolution into the unidimensional measure we know today. But can we compare different pleasures? This paper assesses the evidence from psychology and neurosciences on how to best conceive of utility. It turns out that empirical evidence does not favor a view of multidimensional utility. This does not eliminate the possibility to make a normative argument supporting a multidimensional notion of utility.en
dc.language.isoengen
dc.publisher|aFriedrich Schiller University Jena and Max Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aJena Economic Research Papers |x2009,099en
dc.subject.jelD87en
dc.subject.jelB41en
dc.subject.jelB12en
dc.subject.ddc330en
dc.subject.keywordutilityen
dc.subject.keywordpleasuresen
dc.subject.keywordneuroeconomicsen
dc.subject.keywordmultidimensionality of utilityen
dc.subject.stwNutzenen
dc.subject.stwPräferenztheorieen
dc.subject.stwPsychologieen
dc.subject.stwNeuroökonomieen
dc.titleSome considerations regarding the problem of multidimensional utility-
dc.typeWorking Paperen
dc.identifier.ppn614465745en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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