Revision as of 14:58, 21 August 2022 edit 176.92.178.137 (talk) Example of an implementable utility function yielding any form of convex preferences. Tag: Visual edit ← Previous edit		Revision as of 21:30, 20 August 2023 edit undo Onel5969 (talk \| contribs) Autopatrolled, Extended confirmed users, Page movers, New page reviewers, Pending changes reviewers, Rollbackers 992,910 edits m →Examples: clean up, typo(s) fixed: ically- → ically Tag: AWB Next edit →
Line 40: == Examples == 1. If there is only a single commodity type, then any weakly-monotonically- increasing preference relation is convex. This is because, if <math>y \geq x </math>, then every weighted average of ''y'' and ''ס'' is also <math>\geq x </math>. 2. Consider an economy with two commodity types, 1 and 2. Consider a preference relation represented by the following [[Leontief utility function]]:

Convex preferences: Difference between revisions