Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions

This study arrives at a representation for ‘utility from decision making’ that is robust to modeling of any of ‘social interactions’, ‘economic activities’, or with social interactions interwoven with economic activities, modeling of ‘socioeconomic activities’. Hitherto such a utility representation...

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Main Author: Oghenovo A. Obrimah
Format: Article
Language:English
Published: Elsevier 2022-01-01
Series:Social Sciences and Humanities Open
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2590291122000626
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author Oghenovo A. Obrimah
author_facet Oghenovo A. Obrimah
author_sort Oghenovo A. Obrimah
collection DOAJ
description This study arrives at a representation for ‘utility from decision making’ that is robust to modeling of any of ‘social interactions’, ‘economic activities’, or with social interactions interwoven with economic activities, modeling of ‘socioeconomic activities’. Hitherto such a utility representation has been lacking. Robustness of the new utility representation is evinced by the finding, to wit, ‘increases to utility’ derive necessarily from ‘unraveling of the unawareness of a rational construct’ for arrival at awareness of an hitherto unperceived rational action. Novelty of study outcomes is evident in the demand for modeling, not of gross utility, but rather ‘changes to utility’.
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spelling doaj.art-fd755b16d781410396664f0fb54d0a6f2022-12-22T04:16:28ZengElsevierSocial Sciences and Humanities Open2590-29112022-01-0161100308Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditionsOghenovo A. Obrimah0Department of Business, FISK University, 1000 17th Avenue N., Nashville, TN, 37208, USAThis study arrives at a representation for ‘utility from decision making’ that is robust to modeling of any of ‘social interactions’, ‘economic activities’, or with social interactions interwoven with economic activities, modeling of ‘socioeconomic activities’. Hitherto such a utility representation has been lacking. Robustness of the new utility representation is evinced by the finding, to wit, ‘increases to utility’ derive necessarily from ‘unraveling of the unawareness of a rational construct’ for arrival at awareness of an hitherto unperceived rational action. Novelty of study outcomes is evident in the demand for modeling, not of gross utility, but rather ‘changes to utility’.http://www.sciencedirect.com/science/article/pii/S2590291122000626D81D82D83D91
spellingShingle Oghenovo A. Obrimah
Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions
Social Sciences and Humanities Open
D81
D82
D83
D91
title Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions
title_full Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions
title_fullStr Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions
title_full_unstemmed Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions
title_short Progressiveness of increase to utility from socioeconomic activities: ‘Barebones’ necessary conditions
title_sort progressiveness of increase to utility from socioeconomic activities barebones necessary conditions
topic D81
D82
D83
D91
url http://www.sciencedirect.com/science/article/pii/S2590291122000626
work_keys_str_mv AT oghenovoaobrimah progressivenessofincreasetoutilityfromsocioeconomicactivitiesbarebonesnecessaryconditions