The community of advantage : a behavioural economist's defence of the market / Robert Sugden.
Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics...
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| Main Author: | |
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| Format: | Ebook |
| Language: | English |
| Published: |
Oxford, United Kingdom :
Oxford University Press,
2018.
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| Edition: | First edition. |
| Subjects: | |
| Online Access: | Oxford Scholarship Online |
| Summary: | Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice. |
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| Physical Description: | 1 online resource (xxii, 320 pages) : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0198825145 9780198825142 |