A Method of Determination of an Acquisition
Program of N Goods in Order to Maximize the Total Utility Cover Image

A Method of Determination of an Acquisition Program of N Goods in Order to Maximize the Total Utility
A Method of Determination of an Acquisition Program of N Goods in Order to Maximize the Total Utility

Author(s): Cătălin Angelo Ioan
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: utility; maximization; diophantic

Summary/Abstract: This paper solves in a different way the problem of maximization of the total utility for n goods. The author uses the diophantic equations (equations in integer numbers) and after a decomposing in different cases, he obtains the maximal utility.

  • Issue Year: 6/2010
  • Issue No: 2
  • Page Range: 106-113
  • Page Count: 8
  • Language: English
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