Cover Image

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...

Full description

Bibliographic Details
Main Author: von Weizsäcker, Carl Christian.
Format: eBook
Language:English
Published: Oxford : Taylor & Francis Group, 2024.
Edition:1st ed.
Series:The Graz Schumpeter Lectures
Subjects:
Electronic books.
Online Access:Click to View
Table of Contents:
  • Cover
  • Half Title
  • Series
  • Title
  • Copyright
  • Dedication
  • Contents
  • About the Author
  • List of Figures
  • Preface
  • Book I Introduction: The Concept of "Preferences
  • 1 Normative Individualism
  • 2 "Preferences" in Positive and in "Normative" Economics
  • 3 "Compossibility" of Freedom Rights
  • 4 Preference Systems: The Comparability Problem
  • 5 Overview of the Following Books II to VI
  • Book II The Classroom Model of Adaptive Preferences
  • 6 Introduction and Definitions
  • 7 Improvement Sequences
  • 8 Theorem 1 for the Classroom Model
  • 9 Prices and Quantities: A Simple Example
  • 10 The "Meaning" of the Long-Run Demand Function: Theorem 2A
  • 11 Kaldor-Hicks-Scitovsky With Adaptive Preferences
  • 12 Social Welfare Function With Adaptive Preferences
  • Book III The Real-World Model (Continuous Time Model)
  • 13 Introduction, Theorem 1B for n ≥ 2
  • 14 Theorem 2B for n &gt
  • 2
  • 15 Equivalence Theorem 1 (Theorem 1C)
  • 16 Theorem 2 for the Continuous Time Model (Real-World Model)
  • 17 Theorem 1 for the Real-World Model
  • Book IV Freedom and the Phenomenology of Adaptive Preferences
  • 18 Freedom and Compossibility
  • 19 Phenomenology of Adaptive Preferences and Pragmatic Compossibility
  • 20 Phenomenology of Adaptive Preferences: Intertemporal Complementarity
  • 21 Digging Deeper Into Adaptive Preferences
  • Book V Interpersonal Influences on Preferences
  • 22 Adaptive Preferences as a Result of Evolution
  • 23 Non-Convexity of Preferences: Phishing for Phools
  • 24 Freedom Mode and Causal Mode of Government Action
  • 25 Imitation of Others: A Case of Adaptive Preferences
  • Advertising
  • 26 Complexity, Private Property, Democracy, Public Goods
  • 27 Two Generalized Media of Exchange: Karl Popper vs Erich Fromm
  • 28 Three Levels of Economic Activity: Externalities
  • 29 Social Market Economy.
  • Book VI Partial Equlibrium Welfare Economics for a Free Society With Adaptive Preferences
  • 30 Introduction
  • 31 Cost-Benefit Analysis With Adaptive Preferences, Part 1
  • 32 Cost-Benefit-Analysis With Adaptive Preferences, Part 2
  • 33 Pragmatics of Incomplete Compossibility
  • 34 Private Anticipation of Preference Change: Innovation
  • 35 Concluding Remarks
  • References
  • Annex for Book II
  • Mathematical Annex to Book III
  • Definitions, Axioms, Theorems
  • Index.

Similar Items