Literary notes about ophelimity (AI summary)
Literature employs "ophelimity" as a concept that captures the beneficial or utilitarian relationship between a person and a good, sometimes expressed as a kind of compatibility or exchange ratio [1]. In some texts, the discussion centers on its maximization, using ingenious analyses of human wants to mathematically model this utility, as seen in discussions by Gossen and Pareto [2][3]. Elsewhere, the term is nearly synonymous with the laws of enjoyment or utility, highlighting its centrality in considerations of personal benefit [4]. Its subjectivity, too, is foregrounded, emphasizing that ophelimity ultimately rests in the individual assessments of what is valuable [5].
- Value is either a " rapport de convenance " between a man and a good, i.e., ophelimity, or is a " taux d'échange ," a ratio between two goods.
— from Social Value: A Study in Economic Theory, Critical and Constructive by Benjamin M. (Benjamin McAlester) Anderson - Gossen gives a remarkably clear proof of the theory of maximum ophelimity, based upon a very ingenious analysis of wants.
— from A History of Economic Doctrines from the time of the physiocrats to the present day by Charles Rist - Pareto put it well when he said that the maximum of ophelimity can be put in the shape of an equation, but the maximum of justice can not.
— from A History of Economic Doctrines from the time of the physiocrats to the present day by Charles Rist - Such, he thought, are the laws of enjoyment, or of utility or ophelimity, as we call them to-day.
— from A History of Economic Doctrines from the time of the physiocrats to the present day by Charles Rist - He is concerned only with "the science of ophelimity" (p. 6), and ophelimity is a "wholly subjective quality" (p. 4).
— from Social Value: A Study in Economic Theory, Critical and Constructive by Benjamin M. (Benjamin McAlester) Anderson
