Monday, October 21, 2013

Well, the benefit is a very subjective matter. To make it economically quantifiable and predictable

Equality and justice: From preferences, thurstone scale theories and people
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Anyone who thinks a symbol of justice not to the scale, whose scales are to be brought into balance and thus represent a fair balance of the situation? The scale has so far equality as an element of justice. But equality can serve as a guide for a fairer economy?
In the modern economy the decision behavior of consumers thurstone scale is described thurstone scale completely with their "preferences". Under preferences (prefer: prefer to give priority treatment), the economist thurstone scale understands the variety of "flavors" of individual market thurstone scale participants. Depending on your taste, the consumer decides for this or for that commodity. Since we have however, usually do it in the modern world of merchandise example, in a shopping multigood one speaks in the economics of commodity bundles. A bundle of goods consists of at least two materials, but can also, such as the so-called cart, about 700 goods (and services) include.
FILE Cart: Out of the abundance of goods supply, that is, of all goods and services that come into question for consumption, some hundreds of goods on behalf of the entire consumption selected. This bundle of goods is called a shopping cart. The cart is used to calculate the average price development of all goods and services thurstone scale purchased for consumption purposes (consumer price index). The cart in the Federal Republic of Germany currently has about 700 goods and services. Increases the consumer price index, one speaks of inflation, it sinks, it is called deflation.
What applies to the goods, that also applies to the bundle of goods: What is the "best" is held, that is, which is associated with the highest benefit, depends thurstone scale on the individual preference of the operator.
Well, the benefit is a very subjective matter. To make it economically quantifiable and predictable, economists assign each bundle of goods according to the preference of the consumer thurstone scale to a number. The higher the value, the greater the number Imagine, you have the choice between two bundles of goods: The first set consists of walnuts and hazelnuts and the second bundle of anchovies and capers. They would bundle the first to the second bundle only prefer thurstone scale if it were connected to the first bundle for a higher value use. In this case would be assigned a higher number according to your preference, the first bundle as the second bundle.
Let us first of all by the fall of that each person would receive goods allocated at random and a

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