A Critique of the Neoclassical Approach to Consumer Choice

Autores/as

DOI:

https://doi.org/10.12775/DP.2021.011

Palabras clave:

neoclassical economics, consumers, choice, utility, perfect information

Resumen

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.

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Publicado

2021-04-13

Cómo citar

1.
FUTERMAN, Alan G. y BLOCK, Walter E. A Critique of the Neoclassical Approach to Consumer Choice. Dialogi Polityczne. Online. 13 abril 2021. No. 30, pp. 201-228. [Accessed 5 julio 2025]. DOI 10.12775/DP.2021.011.

Número

Núm. 30 (2021)

Sección

Libertarianizm i ekonomia

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