Copyright

Martin Osborne; Ariel Rubinstein

Published On

2020-03-27

Page Range

pp. 17-30

Print Length

13 pages

Choice

Chapter of: Models in Microeconomic Theory ('She' Edition)(pp. 17–30)
This chapter develops a formal tool to describe an individual’s behavior. The two concepts, preferences and choice, are building blocks of the economic models we develop later.