econtwitter.net is one of the many independent Mastodon servers you can use to participate in the fediverse.
A Mastodon instance for Economists.

Administered by:

Server stats:

140
active users

interfluidity

@cshentrup@mastodon.social in orthodox contemporary economics there is no such thing as a number of utils. utility functions are ordinal, not cardinal. they are indistinguishable across affine transformations. the utility log(c) and 100 log(c) are precisely the same utility function.