请输入您要查询的字词:

 

单词 utility possibility frontier
释义
utility possibility frontier

Economics
  • The maximum attainable levels of utility for the consumers in an economy given the economy’s endowment and technology. The utility possibility frontier can be constructed by taking each Pareto-efficient allocation and plotting the utility levels of the consumers at that allocation. Varying the allocation traces out the frontier. A point below the frontier is not Pareto efficient. The social optimum is the point on the frontier that maximizes a chosen social welfare function.


随便看

 

科学参考收录了60776条科技类词条,基本涵盖了常见科技类参考文献及英语词汇的翻译,是科学学习和研究的有利工具。

 

Copyright © 2000-2023 Sciref.net All Rights Reserved
京ICP备2021023879号 更新时间:2024/10/1 7:27:10