Theoretical and Applied Economics
No. 9 / 2012 (574)
Economy of Referential Preferences A new mathematical approach for choice theory and general equilibrium
University of Tunis
Abstract. In this paper we introduce basic notions of a new economic model where preference relations on commodities set are represented by a group action on Euclidean space instead of utility function. Conditions that ensure the existence of individual demand function and a general equilibrium in the setting of exchange economy are examined.
Contents
Innovative clusters: a solution for the economic development of Romania
Corruption, democracy and bureaucracy
Testing weak form informational efficiency on the Romanian capital market
The impact of labour market imbalances on regional disparities in the post-crisis context
Laggards or performers? CEE vs. PIIGS countries’ catch-up with the Euro Area in the last ten years
Economy of Referential Preferences A new mathematical approach for choice theory and general equilibrium
The industry of copies – obstacle for the economic recovery. Examples from the markets
The road to the new economy
Globalization and the identity dilemma
Economic fundamentals: between consecration and contestation