Freedom and Adaptive Preferences.
Traditional welfare economics works with the assumption of the fully rational economic agent (homo economicus) whose preferences are fixed. To the contrary, this book presents a theory of welfare economics that maintains the principles of normative individualism while allowing for adaptive or change...
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| Format: | eBook |
| Language: | English |
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Oxford :
Taylor & Francis Group,
2024.
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| Edition: | 1st ed. |
| Series: | The Graz Schumpeter Lectures
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| Subjects: | |
| Online Access: | Click to View |
| Summary: | Traditional welfare economics works with the assumption of the fully rational economic agent (homo economicus) whose preferences are fixed. To the contrary, this book presents a theory of welfare economics that maintains the principles of normative individualism while allowing for adaptive or changeable preferences. |
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| Physical Description: | 1 online resource (243 pages) |
| ISBN: | 9781040104163 |