Utility of Sacrifices: Reorientation of the Utility Theory
Utility theory is a pivotal concept in economics that provides insights into how an individual is motivated to act under budget constraints. The main assumption of this theory and the entire field of economics is that a rational human being and an individual derive utility from the consumption of go...
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| Format: | Article |
| Language: | English |
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Financial University
2023-06-01
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| Series: | Review of Business and Economics Studies |
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| Online Access: | https://rbes.fa.ru/jour/article/view/242/213 |