TY - JOUR AU - Futerman, Alan G. AU - Block, Walter E. PY - 2021/04/13 Y2 - 2024/03/29 TI - A Critique of the Neoclassical Approach to Consumer Choice JF - Dialogi Polityczne JA - DP VL - 0 IS - 30 SE - Libertarianizm i ekonomia DO - 10.12775/DP.2021.011 UR - https://apcz.umk.pl/DP/article/view/DP.2021.011 SP - 201-228 AB - <p>In this paper we analyze neoclassical concepts such as utility maximization and indifference, in<br />order to identify their failure to explain consumer choice. Thus, we study the problems of indifference<br />analysis, and the process of human action itself. We provide a critique of the neoclassical<br />view of consumer choice and contrast it with the Austrian approach.</p> ER -