Invariance of multiattribute utility functions under shift transformations

Jacek Chudziak 

University of Rzeszow, Department of Mathematics, Al. Rejtana 16A, Rzeszów 35-959, Poland

Abstract

This is a joint work with A. Abbas and J. Aczel. Following A. Abbas, we say that a utility function U is invariant under shift transformations provided there exist functions k and l such that U(x+z)=k(z)U(x)+l(z). In our talk we extend the analysis to multiple attributes. In particular, we consider the case where invariance is satisfied by identical values of the shift parameters.

 

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Presentation: Oral at 4 Ogólnopolskie Sympozjum "Fizyka w Ekonomii i Naukach Społecznych", by Jacek Chudziak
See On-line Journal of 4 Ogólnopolskie Sympozjum "Fizyka w Ekonomii i Naukach Społecznych"

Submitted: 2009-04-06 18:41
Revised:   2009-06-07 00:48