Economic Bulletin of the National Mining University


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Article

Issue:2015 №4 (52)
Section:Economic theory
UDK:330.132
Article language:Ukrainian
Pages:55-63
Title:Reflection of coalescing and event splitting effect in utility theory
Authors:Yenalyev M. M., Horlachuk V. V.
Annotation:Problems of utility theory in the context of coalescing and event splitting effect are pointed out. The practical usefulness of the utility theory elements in modeling individual behavior in risk and uncertainty is shown on the example of streamlining of checking system for payment of «free ride goods». 
Keywords:Utility theory, Coalescing principle, Event-splitting effect, First order stochastic dominance, Free ride effect
File of the article:EV20154_055-063.pdf
Abstract:EV20154_055-063en.pdf