Category

Utility function types

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substitute good

economics concept of goods considered interchangeable

complementary good

economic concept of a good whose demand is directly tied to another good's demand

Cobb–Douglas production function

macroeconomic formula that describes productivity

Constant elasticity of substitution

concept in economics

indirect utility function

quasilinear utility

function linear in one argument (generally the numeraire), used in economics and consumer theory

independent goods

goods that are neither complements nor substitutes

lexicographic preferences

Homothetic preferences

Characteristic in consumer theory

Convex preferences

concept in economics