Article
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The Problem of Securing Cost and Production Functions. Individual and Social Preferences
Version 1
: Received: 16 February 2024 / Approved: 19 February 2024 / Online: 19 February 2024 (11:35:30 CET)
How to cite: Matysiak, L.; Fidler, J. The Problem of Securing Cost and Production Functions. Individual and Social Preferences. Preprints 2024, 2024020980. https://doi.org/10.20944/preprints202402.0980.v1 Matysiak, L.; Fidler, J. The Problem of Securing Cost and Production Functions. Individual and Social Preferences. Preprints 2024, 2024020980. https://doi.org/10.20944/preprints202402.0980.v1
Abstract
In this article, we present two topics related to mathematical economics. We offer an intriguing proposal for securing cost and production functions in the face of uncertainty and risk. We discuss the relationship between individual and social preferences. This is important because traditional revealed preference theory does not account for such factors.
Keywords
cost function; group preferences; individual preferences; production function
Subject
Business, Economics and Management, Economics
Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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