Preference, Value, Choice, and Welfare - Image 1

£98.69

Cambridge University Press Preference, Value, Choice, and Welfare

Name: Preference, Value, Choice, and Welfare
Brand: Cambridge University Press
Price: 98.69 GBP
Availability: InStock

Microeconomics

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Description

This book is about preferences, principally as they figure in economics. It also explores their uses in everyday language and action, how they are understood in psychology and how they figure in philosophical reflection on action and morality. The book clarifies and for the most part defends the way in which economists invoke preferences to explain, predict and assess behavior and outcomes. Hausman argues, however, that the predictions and explanations economists offer rely on theories of preference formation that are in need of further development, and he criticizes attempts to define welfare in terms of preferences and to define preferences in terms of choices or self-interest. The analysis clarifies the relations between rational choice theory and philosophical accounts of human action. The book also assembles the materials out of which models of preference formation and modification can be constructed, and it comments on how reason and emotion shape preferences.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 110701543X
Category: Books > Subjects > Business, Finance & Law > Economics > Microeconomics
Domain: Amazon UK
Release Date: 12 December 2011
Listed Since: 26 May 2011

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Cambridge University Press Preference, Value, Choice, and Welfare

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