Question:

difference between ordinalist and cardinalist

by Guest6648  |  12 years, 9 month(s) ago

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the difference between ordinalist and cardinalist in utility

 Tags: cardinalist, difference, ordinalist

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  1. Guest8448
    the cardinalist postulate that the amount of utility the consumer derive from consuming a paticular commodity is measurable  stated by jovons and walras  while the ordinalist postulate that the amount of utility derive from consuming a succesive commodity is not measurable stated by alen and vidicks

  2. Guest5998

    what are the main disagreement between cardinalist and ordinalist school of thoughts on how best to maximize utility

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