The community of advantage : a behavioural economist's defence of the market /

By:

Sugden, Robert [author.]

Material type: Text

TextPublisher: Oxford : Oxford University Press, 2018Edition: First editionDescription: 1 online resource : illustrations (black and white)Content type:

text
still image

Media type:

computer

Carrier type:

online resource

ISBN:

9780191863813 (ebook) :

Subject(s):

Additional physical formats: Print version :: No titleDDC classification:

330.1 23

LOC classification:

HB72

Online resources:

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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This edition previously issued in print: 2018.

Includes bibliographical references and index.

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.

Specialized.

Description based on online resource; title from home page (viewed on June 15, 2018).

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