Accession Number : AD0604148

Title :   THE LOGICAL STRUCTURE OF THE UTILITY CONCEPT,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Bohnert,H. G.

Report Date : 29 SEP 1952

Pagination or Media Count : 21

Abstract : The paper points out that entirely aside from the 'psychological' nature of the concept, utility suffers from various syntactical and semantical infirmities which are quite enough to produce the confusion felt in dealing with it. It is intended as a preliminary 'clearing of the ground' for an analysis of rational individual decision on the basis of a 'pleasure-like' concept. (Author)

Descriptors :   (*LANGUAGE, ECONOMICS), MATHEMATICAL MODELS, GAME THEORY, DECISION MAKING, THEORY

Distribution Statement : APPROVED FOR PUBLIC RELEASE