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More choice is always better

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

Here’s something that we all know to be wrong in our everyday lives, but which our economist union card bans us from believing while we’re on the job: Utility is nondecreasing in the number of choices.

Original languageEnglish (US)
Title of host publicationEconomic Ideas You Should Forget
PublisherSpringer International Publishing
Pages29-30
Number of pages2
ISBN (Electronic)9783319474588
ISBN (Print)9783319474571
DOIs
StatePublished - Jan 1 2017

All Science Journal Classification (ASJC) codes

  • General Economics, Econometrics and Finance
  • General Business, Management and Accounting

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