Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. In economics, demand is the consumer's ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Erika Rasure is globally-recognized as a leading consumer ...

1. An indifference curve is defined as a set of bundles that a consumer with a given income can afford, and among which she or he is indifferent. 2. More is preferred to less means that if the total ...

We consider the problem of choosing the best of a set of alternatives where each alternative is evaluated on multiple criteria. We develop a visual interactive approach assuming that the decision ...

In this paper we develop interactive approaches for the discrete alternative multiple criteria decision making problem. We develop an algorithm that finds the most preferred alternative of a decision ...