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Unit demand

In economics, a unit demand agent is an agent who wants to buy a single item, which may be of one of different types. A typical example is a buyer who needs a new car. There are many different types of cars, but usually a buyer will choose only one of them, based on the quality and the price.

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Connection to other classes of utility functions

Submodular set functionSubstitute goods
2 related topics

Overview

Economics
1 related topics

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Connection to other classes of utility functions

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Unit demand

Nodes6
Edges5
Triples0
Avg. degree1.67
Density0.333333
Components1

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displaystyle item utility unit-demand agent different buyer set buy single one types price typically valuation function items functions economics every

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