by peacechild on October 27th, 2009

peacechild

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Is utility in economics always and everywhere a cardinal measure?

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Answers. 3 helpful answers below.

  • by centrator on November 19th, 2009

    centrator

    This is a very important question. When we come to a solution of a problem (say, the price of gas) usually we do not factor in considerations like the cost of pollution, the cost of other alternatives...Also, economists often see human beings as economic units, instead of as people.
    -
    My answer does not live up to the quality of the question--but I hope you get my idea.

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  • by rose1980 on October 27th, 2009

    rose1980

    I wouldn't think so, but don't take my word for it. +3

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  • by philosopher-saint on October 27th, 2009

    philosopher-saint

    Not in a theocracy?!
    ;-)

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