2011 № 3

Verification of two-parameter equation cardinal utility

Abstract:

Verified equation cardinal utility. We obtain the density distribution of persons on the utility of consumption of some goods. Using the equation cardinal utility to have the distribution density of people on income and compared with empirical data.

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Alexander G. Dmitriev – Dr. Sci. (Phys.-Math.), Professor of the Department of “Project Management”, Institute of Information Technologies and Management, Peter the Great St. Petersburg Polytechnic University (St. Petersburg, Russian Federation; e-mail: dmitriev.ag@mail.ru).

Tatyana A. Kozeletskaya – Cand. Sci. (Econ.), Associate Professor of the International Higher School of Management department of the Engineering and Economic Institute,  Peter the Great St. Petersburg Polytechnic University (St. Petersburg, Russian Federation; e-mail: marta9578@mail.ru).

Elena A. German – Graduate Student, Institute of Information Technologies and Management, Peter the Great St. Petersburg Polytechnic University (St. Petersburg, Russian Federation; e-mail: elena250573@rambler.ru).