Ch05Choice(微观-范里安-(上海交通大学,赵旭 )
时间：2025-05-04
Chapter FiveChoice
Economic Rationality The
principal behavioral postulate is that a decisionmaker chooses its most preferred alternative from those available to it. The available choices constitute the choice set. How is the most preferred bundle in the choice set located?
Rational Constrained Choicex2
x1
Rational Constrained Choice
Utility
x2
x1
Rational Constrained Choice
Utility
x2
x1
Rational Constrained Choice
Utility
x2 x1
Rational Constrained Choice
Utility
x2 x1
Rational Constrained Choice
Utility
x2 x1
Rational Constrained Choice
Utility
x2 x1
Rational Constrained Choice
Utility
x2 x1
Rational Constrained Choice
Utility
Affordable, but not the most preferred affordable bundle. x2 x1
Rational Constrained Choice
Utility
The most preferred of the affordable bundles. Affordable, but not the most preferred affordable bundle.
x2 x1
Rational Constrained Choice
Utility
x2 x1
Rational Constrained Choice
Utility
x2
x1
Rational Constrained Choice
x2 Utility
x1
Rational Constrained Choice
x2
Utility
x1
Rational Constrained Choicex2
x1
Rational Constrained Choicex2
Affordable bundlesx1
Rational Constrained Choicex2
Affordable bundlesx1
Rational Constrained Choicex2
More preferred bundles
Affordable bundlesx1
Rational Constrained Choicex2 More preferred bundles
Affordable bundles
x1
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