"A new microeconomics when agents lack the preferences that economics normally relies on. Parts of economic orthodoxy go out the window: prices can be volatile, cost-benefit analysis no longer supplies easy answers. This book offers policy alternatives that deliver the productivity growth that capitalism can potentially provide"--
"A new microeconomics when agents lack the preferences that economics normally relies on. Parts of economic orthodoxy go out the window: prices can be volatile, cost-benefit analysis no longer supplies easy answers. This book offers policy alternatives that deliver the productivity growth that capitalism can potentially provide"--Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Michael Mandler is a Professor of Economics at Royal Holloway College, University of London. He is an economic theorist that has taught at the University of Pennsylvania and Harvard University. He is the author of Dilemmas in Economic Theory (1999).
Inhaltsangabe
Preface 1. Marginal utility matters Part I. Trade-Offs and Rationality: 2. Utility as an ordering principle 3. Incomplete preferences 4. The rationality of choice 5. Safety bias 6. The myth of indifference part II. Economic Analysis and Policy Without Preferences: 7. The volatility of prices 8. Trouble with welfare economics 9. Pareto without preferences 10. Utilitarianism without utility 11. Production and rationality 12. Custom and flexibility Appendix.
Preface 1. Marginal utility matters Part I. Trade-Offs and Rationality: 2. Utility as an ordering principle 3. Incomplete preferences 4. The rationality of choice 5. Safety bias 6. The myth of indifference part II. Economic Analysis and Policy Without Preferences: 7. The volatility of prices 8. Trouble with welfare economics 9. Pareto without preferences 10. Utilitarianism without utility 11. Production and rationality 12. Custom and flexibility Appendix.
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