nonconvex preference
简明释义
非凸性偏好
英英释义
例句
1.In game theory, players with nonconvex preference 非凸偏好 might choose strategies that lead to unexpected outcomes.
在博弈论中,具有非凸偏好 非凸偏好的玩家可能会选择导致意外结果的策略。
2.When analyzing the utility function, we must consider nonconvex preference 非凸偏好 as it may indicate that some bundles of goods are preferred over others.
在分析效用函数时,我们必须考虑非凸偏好 非凸偏好,因为这可能表明某些商品组合比其他组合更受偏爱。
3.In consumer theory, a situation where a buyer exhibits nonconvex preference 非凸偏好 can lead to multiple equilibria in market outcomes.
在消费者理论中,买方表现出非凸偏好 非凸偏好的情况可能导致市场结果的多重均衡。
4.A firm must understand its customers' nonconvex preference 非凸偏好 to tailor products that meet diverse needs.
公司必须了解客户的非凸偏好 非凸偏好,以定制满足多样化需求的产品。
5.The presence of nonconvex preference 非凸偏好 among individuals can complicate the design of efficient allocation mechanisms.
个体之间存在非凸偏好 非凸偏好可能会使有效分配机制的设计变得复杂。
作文
In the realm of economics and consumer theory, preferences play a crucial role in determining how individuals make choices. One interesting concept that arises in this field is nonconvex preference, which refers to a situation where an individual's preferences do not conform to the traditional convexity assumption. To better understand this concept, it is essential to first grasp what convex preferences mean. Convex preferences imply that if a consumer prefers bundle A over bundle B, they will also prefer any weighted average of these two bundles. This characteristic leads to a smooth curve when represented graphically, indicating that consumers are willing to substitute between different goods at a constant rate. However, when preferences are nonconvex, this smoothness breaks down. In practical terms, nonconvex preference indicates that consumers may have a strong preference for certain combinations of goods or services, leading to 'kinks' or discontinuities in their choice patterns.For instance, consider a consumer who enjoys both pizza and ice cream. If they have a nonconvex preference for these items, they might prefer to consume either a lot of pizza with no ice cream or a lot of ice cream with no pizza, rather than a balanced mix of the two. This preference structure can lead to situations where the consumer's optimal choice is not a smooth combination of the two goods but rather a corner solution where they focus entirely on one good or the other. Such preferences can arise in various scenarios, including luxury goods markets, where consumers may exhibit a preference for exclusive combinations of products.The implications of nonconvex preference extend beyond individual consumer choices; they can significantly influence market behavior and economic outcomes. For example, firms may respond to these preferences by offering bundled products or exclusive deals that cater to the specific tastes of consumers. Additionally, understanding nonconvex preference is vital for policymakers as it can impact how taxes, subsidies, or regulations are designed. If the government aims to encourage consumption in a particular sector, recognizing the nonconvex nature of consumer preferences can lead to more effective interventions.Moreover, the concept of nonconvex preference is not limited to consumer goods; it can also be applied to labor markets and other areas of economic activity. For instance, workers may have nonconvex preferences regarding their work-life balance, leading them to choose jobs that allow for flexible hours or remote work options, rather than simply maximizing income. This complexity in preferences highlights the need for a nuanced understanding of human behavior in economic models.In conclusion, nonconvex preference is a fascinating aspect of consumer theory that challenges traditional assumptions about how individuals make choices. By acknowledging the existence of nonconvex preferences, economists can develop more accurate models that reflect real-world decision-making processes. Understanding this concept not only enhances our comprehension of consumer behavior but also informs business strategies and public policy initiatives aimed at addressing the diverse needs of consumers in the marketplace.
在经济学和消费者理论的领域中,偏好在决定个人如何做出选择方面发挥着至关重要的作用。一个有趣的概念是非凸偏好,它指的是个体的偏好不符合传统的凸性假设。要更好地理解这一概念,首先需要掌握什么是凸性偏好。凸性偏好意味着,如果消费者更喜欢组合A而不是组合B,他们也会更喜欢这两个组合的任何加权平均。这一特征在图形上表示时会形成平滑曲线,表明消费者愿意以恒定的比率在不同商品之间进行替代。然而,当偏好是非凸的时,这种平滑性就会破裂。在实际意义上,非凸偏好表明消费者可能对某些商品或服务的组合有强烈的偏好,从而导致他们的选择模式中出现“折点”或不连续性。例如,考虑一个同时喜欢比萨饼和冰淇淋的消费者。如果他们对这些商品有非凸偏好,他们可能更喜欢大量吃比萨饼而不吃冰淇淋,或者大量吃冰淇淋而不吃比萨饼,而不是两者的均衡混合。这种偏好结构可能导致消费者的最佳选择不是两种商品的平滑组合,而是集中于一种商品或另一种商品的极端解决方案。这种偏好可能出现在各种场景中,包括奢侈品市场,在这些市场中,消费者可能表现出对独特产品组合的偏好。非凸偏好的影响超越了个体消费者的选择,它可以显著影响市场行为和经济结果。例如,企业可能会通过提供捆绑产品或独家交易来响应这些偏好,以迎合消费者的特定需求。此外,理解非凸偏好对于政策制定者来说至关重要,因为它可能影响税收、补贴或法规的设计。如果政府旨在鼓励某一部门的消费,认识到消费者偏好的非凸性质可以导致更有效的干预措施。此外,非凸偏好的概念不仅限于消费品;它还可以应用于劳动市场和其他经济活动领域。例如,工人可能对工作与生活的平衡有非凸偏好,导致他们选择允许灵活工作时间或远程工作的职位,而不仅仅是最大化收入。这种偏好的复杂性突显了在经济模型中对人类行为进行细致理解的必要性。总之,非凸偏好是消费者理论中的一个迷人方面,它挑战了关于个人如何做出选择的传统假设。通过承认非凸偏好的存在,经济学家可以开发出更准确的模型,反映现实世界的决策过程。理解这一概念不仅增强了我们对消费者行为的理解,还为商业策略和公共政策倡议提供了信息,旨在满足市场中消费者的多样化需求。