Measuring utility : from the marginal revolution to behavioral economics / Ivan Moscati.
Since the marginal revolution of the 1870s, the economic theory of decision-making has been based on the notion of utility. Utility, however, is not measurable. This book reconstructs economists' struggles with issues related to utility measurement from the 1870s to the beginning of behavioral...
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| Main Author: | |
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| Format: | Ebook |
| Language: | English |
| Published: |
New York, NY :
Oxford University Press,
[2019]
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| Series: | Oxford studies in the history of economics.
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| Subjects: | |
| Online Access: | Oxford Scholarship Online |
| Summary: | Since the marginal revolution of the 1870s, the economic theory of decision-making has been based on the notion of utility. Utility, however, is not measurable. This book reconstructs economists' struggles with issues related to utility measurement from the 1870s to the beginning of behavioral economics in the mid-1980s. |
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| Physical Description: | 1 online resource (viii, 326 pages). |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0199372764 0199372802 9780199372768 9780199372805 |