A Critique of the Neoclassical Approach to Consumer Choice
DOI:
https://doi.org/10.12775/DP.2021.011Słowa kluczowe:
neoclassical economics, consumers, choice, utility, perfect informationAbstrakt
In this paper we analyze neoclassical concepts such as utility maximization and indifference, in
order to identify their failure to explain consumer choice. Thus, we study the problems of indifference
analysis, and the process of human action itself. We provide a critique of the neoclassical
view of consumer choice and contrast it with the Austrian approach.
Pobrania
Opublikowane
2021-04-13
Jak cytować
1.
FUTERMAN, Alan G. & BLOCK, Walter E. A Critique of the Neoclassical Approach to Consumer Choice. Dialogi Polityczne [online]. 13 kwiecień 2021, nr 30, s. 201–228. [udostępniono 23.4.2024]. DOI 10.12775/DP.2021.011.
Numer
Dział
Libertarianizm i ekonomia
Statystyki
Liczba wyświetleń i pobrań: 612
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