The Causal Theory of Action based utility and consumer surplus

  • M.M. Khoshyaran Economics Traffic Clinic - ETC, 34 Avenue des Champs Elyses, 75008, Paris France
Keywords: Causal Theory of Action; utility; consumer surplus; Tversky; normative theory: similarity; risk aversion; beliefs; price levels; Nea work; Hopf algebra of Nea work; pricing techniques.


The objective of this paper is to introduce the Causal Theory of Action,
(CTA) based utility and consumer surplus, and compare it to the standard
utility and consumer surplus that is based on Tversky's normative theory
of choice. In addition to utility and consumer surplus, price level setting
is also altered based on the (CTA). (CTA) based pricing is introduced.


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How to Cite
Khoshyaran, M. (2021). The Causal Theory of Action based utility and consumer surplus. Journal of Progressive Research in Mathematics, 18(4), 36-57. Retrieved from