About this document
Understanding Well-Behaved Preferences by Yash Sirowa is a document available to read on EtoBox.
- Author
- Yash Sirowa
- Language
- EN
Understanding Well-Behaved Preferences by Yash Sirowa is a document available to read on EtoBox.
1. A preference relation is called "well-behaved" if it is monotonic and convex. Indifference curves can take different shapes depending on the goods and the individual