https://gdpark.blog/tags/preferences/Recent content in Preferences on gdpark.blogHugoenThu, 14 Jul 2016 00:00:00 +0000https://gdpark.blog/posts/microeconomics-08-preferences/Thu, 14 Jul 2016 00:00:00 +0000https://gdpark.blog/posts/microeconomics-08-preferences/A casual intro to consumer choice theory — breaking down what a ‘basket’ is, why we pretend only two goods exist, and the ‘more is better’ axiom.https://gdpark.blog/posts/microeconomics-09-indifference-curves-and-utility-functions/Thu, 14 Jul 2016 00:00:00 +0000https://gdpark.blog/posts/microeconomics-09-indifference-curves-and-utility-functions/We get into indifference curves and utility functions — why some baskets make you equally happy, and why piling on more stuff gives you less of a kick each time.