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Title: Experimental Test of Utility Maximization [Dataset]      
dateReleased:
10-31-2013
downloadURL: http://hdl.handle.net/1902.1/18501
ID:
hdl:1902.1/18501
description:
The study tests the cardinal utility maximization hypothesis by an experimental procedure in a framework of utility scaling approach following the psychophysical-econometric paradigm, conceived in He (Psychophysical Interpretation for Utility Measures, 2011). It reveals (i) the utility maximization can be tested and has been supported by experimental results; (ii) the utility scaling approach following the psychophysical econometric paradigm offers a new foundation to discuss the utility concept; and (iii) it is necessary to distinguish the perception utility and emotion utility to respectively describe economic choices and enjoyment choices.
description:
He, Yuqing, 2012, "Experimental Test of Utility Maximization [Dataset]", http://hdl.handle.net/1902.1/18501, Harvard Dataverse, V2
name:
He, Yuqing
homePage: http://www.harvard.edu/
name:
Harvard University
ID:
SCR:011273
abbreviation:
DataVerse
homePage: http://thedata.org/
name:
Dataverse Network Project
ID:
SCR:001997