2010Acta Universitatis Danubius. OEconomicaOpen access

A Method of Determination of an Acquisition Program of N Goods in Order to Maximize the Total Utility

Cătălin Angelo Ioan

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Abstract

This paper solves in a different way the problem of maximization of the total utility for n goods. The author uses the diophantic equations (equations in integer numbers) and after a decomposing in different cases, he obtains the maximal utility.

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What this paper is about

This paper solves in a different way the problem of maximization of the total utility for n goods. The author uses the diophantic equations (equations in integer numbers) and after a decomposing in different cases, he obtains the maximal utility.

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Available abstract

This paper solves in a different way the problem of maximization of the total utility for n goods. The author uses the diophantic equations (equations in integer numbers) and after a decomposing in different cases, he obtains the maximal utility.

Key concepts: Order (exchange), Integer (computer science), Maximization, Utility maximization, Mathematical optimization, Mathematics, Mathematical economics, Computer science

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