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Apathy, also referred to as indifference, is a lack of feeling, emotion, interest, or concern about something. It is a state of indifference, or the suppression of emotions such as concern, excitement, motivation, or passion. An apathetic individual has an absence of interest in or concern about emotional, social, spiritual, philosophical ...
An example of how indifference curves are obtained as the level curves of a utility function. A graph of indifference curves for several utility levels of an individual consumer is called an indifference map. Points yielding different utility levels are each associated with distinct indifference curves and these indifference curves on the ...
A set of convex-shaped indifference curves displays convex preferences: Given a convex indifference curve containing the set of all bundles (of two or more goods) that are all viewed as equally desired, the set of all goods bundles that are viewed as being at least as desired as those on the indifference curve is a convex set.
It might better be translated by the word equanimity than the word indifference. The meaning of the word apatheia is quite different from that of the modern English apathy , which has a distinctly negative connotation that includes feelings of inertness, indifference, and impassiveness.
An indifference curve is a set of all commodity bundles providing consumers with the same level of utility. The indifference curve is named so because the consumer would be indifferent between choosing any of these bundles. The indifference curves are not thick because of LNS.
An example indifference curve is shown below: Each indifference curve is a set of points, each representing a combination of quantities of two goods or services, all of which combinations the consumer is equally satisfied with. The further a curve is from the origin, the greater is the level of utility.
By varying the weighting parameter b, one can trace out the entire contract curve: If b = 1 the problem is the same as the previous problem, and it identifies an efficient point at one edge of the lens formed by the indifference curves of the initial endowment; if b = 0 all the weight is on person 2's utility instead of person 1's, and so the ...
Indifference, 1985 album by the Proletariat, or the title song "Indifference" (Law & Order), 1990 episode of the television series Law & Order "Indifference" (The Walking Dead), 2013 episode of the television series The Walking Dead; Indifference curve, in microeconomic theory, a graph describing consumer preferences