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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Format: | Article |
Language: | English |
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Elsevier
2022-01-01
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Series: | Social Sciences and Humanities Open |
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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’. |
first_indexed | 2024-04-11T15:16:36Z |
format | Article |
id | doaj.art-fd755b16d781410396664f0fb54d0a6f |
institution | Directory Open Access Journal |
issn | 2590-2911 |
language | English |
last_indexed | 2024-04-11T15:16:36Z |
publishDate | 2022-01-01 |
publisher | Elsevier |
record_format | Article |
series | Social Sciences and Humanities Open |
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 |