<p>Mere googling leads me to find a bunch of references about <strong>elasticity of marginal utility</strong>. </p>

<p><a href="http://economics.mit.edu/files/7340" rel="nofollow noreferrer">Here</a> Professor Acemoglu defines the elasticity of marginal utility as the inverse of the intertemporal elasticity of substitution (pagg. 17-18).</p>

<p><a href="https://www.quora.com/What-does-the-elasticity-of-marginal-utility-of-consumption-with-respect-to-utility-mean" rel="nofollow noreferrer">Here</a> you can find a question analogous to yours together with an answer explained in an easier way than Acemoglu's lecture. </p>

<p>If you are interested in something more empirical, have a look <a href="http://onlinelibrary.wiley.com/doi/10.1111/j.1475-5890.2005.00010.x/full" rel="nofollow noreferrer">here</a>: it is a paper by David Evans about the empirical estimation of elasticity of marginal utility in OECD countries.</p>

<p>Hope this is enough. If you have other questions, please ask</p>

CC BY-SA 3.0
2017-01-02T16:09:44.937Z
Actually the second link you posted on quora is.. _my answer_ !! The question is not on the elasticity of marginal utility itself but with the final part of the cited sentence "with respect with utility". I suspect (and this is why I did pose the question) that it should be "with respect with consumption" !!
Antonello
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2017-01-02T16:34:07.607Z
It wasn't clear at all. Maybe you should edit your question to better specify the question
PostDocing
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2017-01-02T15:12:19.727Z
2017-01-02T15:12:19.727Z
PostDocing
<p>In the <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/220541/green_book_complete.pdf" rel="nofollow noreferrer">Green Book</a> (page 97) it is stated "the elasticity of marginal utility of consumption (μ) with respect to utility".</p>

<p>What is it? Is it an error ? I always heard of the elasticity of the marginal utility with respect to consumption... </p>

CC BY-SA 3.0
2017-01-02T18:42:32.210Z
It is just an unnecessary (and apparently confusing) wording, that probably emerged because the author had already used the word "consumption" while he "remembered" that the concept description should end with a "with respect to..." It is the measure we all know, in any case, nothing fancy.
Alecos Papadopoulos
<utility>
"Elasticity of marginal utility of consumption ( μ ) with respect to utility." (Green Book quote)?
Antonello
# "Elasticity of marginal utility of consumption ( μ ) with respect to utility." (Green Book quote)?

(Asked by: username_0 on 2017-01-02)

In the [Green Book](https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/220541/green_book_complete.pdf) (page 97) it is stated "the elasticity of marginal utility of consumption (μ) with respect to utility".

What is it? Is it an error ? I always heard of the elasticity of the marginal utility with respect to consumption...

**Tags:** utility

> **Comments:**
> **username_1**: It is just an unnecessary (and apparently confusing) wording, that probably emerged because the author had already used the word "consumption" while he "remembered" that the concept description should end with a "with respect to..." It is the measure we all know, in any case, nothing fancy.  

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## 1 answers

### Answer by username_2 on 2017-01-02. Score: 2

Mere googling leads me to find a bunch of references about **elasticity of marginal utility**.

[Here](http://economics.mit.edu/files/7340) Professor Acemoglu defines the elasticity of marginal utility as the inverse of the intertemporal elasticity of substitution (pagg. 17-18).

[Here](https://www.quora.com/What-does-the-elasticity-of-marginal-utility-of-consumption-with-respect-to-utility-mean) you can find a question analogous to yours together with an answer explained in an easier way than Acemoglu's lecture.

If you are interested in something more empirical, have a look [here](http://onlinelibrary.wiley.com/doi/10.1111/j.1475-5890.2005.00010.x/full): it is a paper by David Evans about the empirical estimation of elasticity of marginal utility in OECD countries.

Hope this is enough. If you have other questions, please ask

> **Comments:**
> **username_0**: Actually the second link you posted on quora is.. _my answer_ !! The question is not on the elasticity of marginal utility itself but with the final part of the cited sentence "with respect with utility". I suspect (and this is why I did pose the question) that it should be "with respect with consumption" !!  
> **username_2**: It wasn't clear at all. Maybe you should edit your question to better specify the question  

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