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Functional Analysis Is an Analytical Tool Borrowed from

question 148

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Functional analysis is an analytical tool borrowed from


Definitions:

Libertarianism

A political philosophy that emphasizes freedom, autonomy, and voluntary association.

Diminishing Marginal Utility

An economic theory suggesting that the utility or satisfaction derived from consuming more of a good decreases with each subsequent unit.

Maximin Criterion

A decision rule used in uncertainty situations that focuses on maximizing the potential minimum gain, thus minimizing the potential for loss.

Libertarian

A libertarian is an advocate for minimizing government intervention in personal and economic matters, favoring individual freedom and autonomy.

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