2016
LIMITS OF NEOCLASSICAL UTILITY THEORY AND SOME POSSIBLE WAYS HOW TO OVERCOME THEM
VALENČÍK, Radim a Petr WAWROSZZákladní údaje
Originální název
LIMITS OF NEOCLASSICAL UTILITY THEORY AND SOME POSSIBLE WAYS HOW TO OVERCOME THEM
Autoři
VALENČÍK, Radim (203 Česká republika, domácí) a Petr WAWROSZ (203 Česká republika, domácí)
Vydání
Economy & Business, Burgas, Bulgaria, International Scientific Publications, 2016, 1314-7242
Další údaje
Jazyk
angličtina
Typ výsledku
Článek v odborném periodiku
Obor
50200 5.2 Economics and Business
Stát vydavatele
Bulharsko
Utajení
není předmětem státního či obchodního tajemství
Kód RIV
RIV/04274644:_____/16:#0000127
Organizační jednotka
Vysoká škola finanční a správní
Klíčová slova anglicky
utility; consumption; investment; imagination capital; utility maximization
Štítky
Změněno: 20. 4. 2017 07:53, Ing. Dominika Moravcová
Anotace
V originále
The article discusses some limits of the neoclassical utility theory and it offers certain possible ways of overcoming them. Our aim is not to create an absolutely new utility theory but to show possible extensions of the existing ones and to highlight productive aspects of consumption. In an attempt to overcome the limits of the neoclassical utility theory, we briefly review the previous attempts and subsequently we emphasize the fact that experience is created based on previous perception and that the synthesis of previous perception, beliefs and attitudes fulfils a double role: on one hand, it substantially increases the motivation to own goods or to perform certain activities as intermediary factors, and, on the other hand, it disconnects current activities of a human being from their original targets. We also discuss how human experience accumulates over time and how it affects both total and marginal utility.