A Simplified Interactive Program for the Empirical Determination of Indifference Boundaries

Abstract

Introduction The nature of this paper is expository, its purpose being to suggest a method for empirically determining indifference boundaries. The fundamental procedure that will be presented is the design and coding of Trade‐off Reject‐Acceptance (TRA), a computer program analyzing decisions involving trade‐offs.

Citation

Baker, R. and Helmuth, J. (1977), "A Simplified Interactive Program for the Empirical Determination of Indifference Boundaries", Studies in Economics and Finance, Vol. 1 No. 1, pp. 34-41. https://doi.org/10.1108/eb028588