The utility function and the emotional well-being function

DSpace/Manakin Repository

Show simple item record

dc.contributor.author Parada Daza, Jose Rigoberto
dc.date.accessioned 2010-10-04T07:45:31Z
dc.date.available 2010-10-04T07:45:31Z
dc.date.issued 2004
dc.identifier.citation Parada Daza, J. R. (2004). The utility function and the emotional well-being function. EJBO - Electronic Journal of Business Ethics and Organization Studies, Vol. 9  (2).  Retrieved from http://ejbo.jyu.fi
dc.identifier.issn 1239-2685
dc.identifier.uri http://hdl.handle.net/123456789/25363
dc.description.abstract Behind the utility function, which is the basis for economic and finance theory, is a philosophical and ethical approach based essentially on the Utilitarian and Hedonistic schools. Once qualitative, the utility function’s approach shifted to a quantitative one based on the work of the mathematician, D. Bernoulli. This quantitative approach is normative and based on a maximizing agent. In this paper, the “emotional well-being” function is developed which mixes the ethics of a rational economic individual with those of a more complete individual who is simultaneously conditioned by economic, instinctive, social, religious, ethical, and esthetic values. This new utility function of emotional well-being is shown to remain within the envelope function of the Bernoulli-type utility function. en
dc.language.iso eng
dc.publisher Business and Organization Ethics Network (BON)
dc.relation.ispartofseries EJBO - Electronic Journal of Business Ethics and Organization Studies
dc.relation.uri http://ejbo.jyu.fi
dc.subject.other utilitarianism en
dc.subject.other utility function en
dc.subject.other rationality en
dc.subject.other well-being en
dc.subject.other ethics en
dc.subject.other emotional well-being en
dc.subject.other utilitarismi en
dc.subject.other rationalismi en
dc.subject.other hyvinvointi en
dc.subject.other henkinen hyvinvointi en
dc.title The utility function and the emotional well-being function
dc.type Article en
dc.identifier.urn URN:NBN:fi:jyu-201010042876

This item appears in the following Collection(s)

Show simple item record