Measuring Utility - From the Marginal Revolution to Behavioral Economics

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    Measuring Utility - From the Marginal Revolution to Behavioral Economics

    03. jan 2019
    ( 0 )
    ISBN/EAN:P_9780199372775
    Redna cena: 41,59 €

    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. 352 pages

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    Opis

    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. 352 pages

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