On the Application of Cardinal Utility Theory to Engineering Economic Analysis∗

Abstract

one c a n n o t d e s i r e a n y t h i n g w i t h o u t s i m u l t a n e o u s Z y d e s i r i n g an i n c r e a s e d a b i l i t y t o a t t a i n i t ( e v e n i f what t h e p e r s o n d e s i r e s i s t o d e s i r e n o t h i n g ) .E . A . S i n g e r , J r .