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Approximately Rational Consumer Demand
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Book Synopsis Revealed Preference Theory by : Christopher P. Chambers
Download or read book Revealed Preference Theory written by Christopher P. Chambers and published by Cambridge University Press. This book was released on 2016-01-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of revealed preference has a long, distinguished tradition in economics but lacked a systematic presentation of the theory until now. This book deals with basic questions in economic theory and studies situations in which empirical observations are consistent or inconsistent with some of the best known economic theories.
Book Synopsis An Inquiry Into the Nature and Causes of the Wealth of Nations by : Adam Smith
Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Rational Consumer by : Robert Ernest Hall
Download or read book The Rational Consumer written by Robert Ernest Hall and published by MIT Press. This book was released on 1990 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Rational Consumer brings together eight articles that represent key points in the development of Robert Hall's ideas on consumption over the past two decades. Since the late 1960s, Robert Hall's research has had a significant impact on the macroeconomic study of consumer behavior. The Rational Consumer brings together eight articles that represent key points in the development of Hall's ideas on consumption over the past two decades. In his introduction, Hall puts this work into perspective, tying together his ideas and pointing to how consumer behavior should work in the future given what he has discovered.Working within the standard intertemporal models of consumption - the overlapping generations model and the infinite lifetime model - Hall's contributions to methodology have been especially important. Particularly noteworthy was his challenge to the prevalent model in which current consumption was seen as deriving from expected future income. Hall argued that consumption was, instead, based upon the actual present discounted value of future income.ContentsIntroduction - The Allocation of Wealth among the Generations of a Family that Lasts Forever - A Theory of Inheritance - The Dynamic Effects of Fiscal Policy in an Economy with Foresight - Consumption Taxes versus Income Taxes: Implications for Economic Growth - Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence - The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households (with Frederic S. Mishkin) - Intertemporal Substitution in Consumption - Survey of Research on the Random Walk of Consumption - The Role of Consumption in Economic Fluctuations
Book Synopsis Models and Measurement of Welfare and Inequality by : Wolfgang Eichhorn
Download or read book Models and Measurement of Welfare and Inequality written by Wolfgang Eichhorn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 1021 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature on economic problems connected with measuring and modelling of welfare and inequality has grown rapidly within the last decade. Since this literature is scattered throughout a great number of journals on economics, economic theory, econometrics, and statisties, it is difficult to get an adequate picture of the present state of the art. Therefore books should appear from time to time, which offer a representative cross-section of the latest results of research on: the subject. This book offers such material. It contains 54 articles by 84 authors from four of the five continents. Each paper has been reviewed by two referees. As a conse quence, the contributions of this book are revised versions, or, in many cases, revised revisions of the original papers. The book is divided into four parts. Part I: Measurement of Inequality and Poverty This part contains eleven papers on theory and empirical applications of inequa lity and/or poverty measures. Two contributions deal with, among other things, experimental findings on questions concerning the acceptance of distributional axioms. Part II: Taxation and Redistribution Distributional or, rather, redistributional aspects play an important role in Part II. The topics of the 14 papers included in this part range from tax progressivity and redistribution, allocative consequences of splitting under income taxation, and connections between income tax and cost-of-living indices to merit goods and welfarism as well as to welfare aspects of tax reforms.
Download or read book Economics Essays written by Gerard Debreu and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back in the good old days on the fourth floor of the Altbau of Bonn's Ju ridicum, Werner Hildenbrand put an end to a debate about a festschrift in honor of an economist on the occasion of his turning 60 with a laconic: "Much too early." Remembering his position five years ago, we did not dare to think about one for him. But now he has turned 65. If consulted, he would most likely still answer: "Much too early." However, he has to take his official re tirement, and we believe that this is the right moment for such an endeavor. No doubt Werner Hildenbrand will not really retire. As professor emeritus, free from the constraints of a rigid teaching schedule and the burden of com mittee meetings, he will be able to indulge his passions. We expect him to pursue, with undiminished enthusiasm, his research, travel, golfing, the arts, and culinary pleasures - escaping real retirement.
Book Synopsis Predictably Irrational by : Dan Ariely
Download or read book Predictably Irrational written by Dan Ariely and published by Harper Collins. This book was released on 2008-02 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent, lively, humorous, and thoroughly engaging, "The Predictably Irrational" explains why people often make bad decisions and what can be done about it.
Book Synopsis Economics Letters Volume 55,No.1 15 August,1997 by : Eric Maskin,Editor
Download or read book Economics Letters Volume 55,No.1 15 August,1997 written by Eric Maskin,Editor and published by . This book was released on 1997 with total page 880 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics and Consumer Behavior by : Angus Deaton
Download or read book Economics and Consumer Behavior written by Angus Deaton and published by Cambridge University Press. This book was released on 1980-05-30 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: For advanced courses in economic analysis, this book presents the economic theory of consumer behavior, focusing on the applications of the theory to welfare economies and econometric analysis.
Book Synopsis Microeconomics for MBAs by : Richard B. McKenzie
Download or read book Microeconomics for MBAs written by Richard B. McKenzie and published by Cambridge University Press. This book was released on 2006-02-13 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first textbook in microeconomics written exclusively for MBA students. McKenzie/Lee minimizes attention to mathematics and maximizes attention to intuitive economic thinking. The text is structured clearly and accessibly: Part I of each chapter outlines the basic theory and Part II applies this basic theory to management issues. 'Perspective' sections in each chapter provide a new line of argument or different take on a business or policy issue, and carefully chosen topics and review questions are designed to spark lively and instructive debates. Throughout the book, McKenzie and Lee aim to infuse students with the economic way of thinking in the context of a host of problems that MBA students, as future managers of real-world firms, will find relevant to their career goals.
Book Synopsis A Revision of Demand Theory by : John Hicks
Download or read book A Revision of Demand Theory written by John Hicks and published by Oxford University Press on Demand. This book was released on 1986 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: When A Revision of Demand Theory was first published in 1956, the late Harry Johnson described it as "elegant in the extreme, probably the last word there is to be said on this aspect of demand theory." This landmark work by Nobel Prize winner J.R. Hicks is now available again.
Book Synopsis Creating Consumers by : Carolyn M. Goldstein
Download or read book Creating Consumers written by Carolyn M. Goldstein and published by Univ of North Carolina Press. This book was released on 2012 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Home economics emerged at the turn of the twentieth century as a movement to train women to be more efficient household managers. At the same moment, American families began to consume many more goods and services than they produced. To guide women in th
Download or read book Models of Man written by Martin Hollis and published by Cambridge University Press. This book was released on 2015-10-08 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: All social theorists and philosophers who seek to explain human action have a 'model of man'; a metaphysical view of human nature that requires its own theory of scientific knowledge. In this influential book, Martin Hollis examines the tensions that arise from the differing views of sociologists, economists and psychologists. He then develops a rationalist model of his own which connects personal and social identity through a theory of rational action and a priori knowledge, allowing humans to both act freely and still be a subject for scientific explanation. Presented in a fresh series livery and including a specially commissioned preface written by Geoffrey Hawthorn, Hollis's important work is made available to a new generation of readers.
Book Synopsis Journal of Economic Theory by : Karl Shell
Download or read book Journal of Economic Theory written by Karl Shell and published by . This book was released on 1993 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Gender and Consumption by : Lydia Martens
Download or read book Gender and Consumption written by Lydia Martens and published by Routledge. This book was released on 2016-04-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon anthropological, sociological and historical perspectives, this volume provides a unique insight into women’s domestic consumption. The contributors argue that domestic consumption represents an important lens through which to examine the everyday production and reproduction of socio-economic relations. Through a variety of case studies (such as gambling, wedding day consumption and bedroom décor), the essays explore and reconsider the nature of public and private spaces, and the subsequent nature of domestic space - often by challenging traditional notions of what constitutes ’the domestic’. The volume demonstrates the broad range of experiences that domestic consumption offers women and reveals some of the complex meanings and motivations underpinning women’s consumption practices.
Book Synopsis The Consumption Reader by : David B. Clarke
Download or read book The Consumption Reader written by David B. Clarke and published by Psychology Press. This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This reader offers an essential selection of the best work on the Consumer Society. It brings together in an engaging, surprising, and thought provoking way, a diverse range of topics and theoretical perspectives.
Book Synopsis Curing Affluenza by : Richard Denniss
Download or read book Curing Affluenza written by Richard Denniss and published by Between the Lines. This book was released on 2018-02-15 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Affluenza is that strange desire we feel to spend money we don’t have to buy things we don’t need to impress people we don’t know . . . A truly modern affliction, affluenza is endemic in Western societies, encouraged by those who profit from a culture of exploitation and waste. So how do we cure ourselves? In this sparkling book of ideas, Richard Denniss shows we must distinguish between consumerism, the love of buying things, which is undeniably harmful to us and the planet, and materialism, the love of things, which can in fact be beneficial. We should cherish the things we own – preserve them, repair them, and then gift or sell them when we no longer need them. We must foster new ways of thinking and acting that do not squander limited resources, and which support the things we value most: vibrant communities and rich experiences. At once a lucid explanation of a critical global issue and a stirring call to action, Curing Affluenza will change the way you think about your place in the world. With special contributions from Bob Brown • Kumi Naidoo • Marilyn Waring • John Quiggin • Leanne Minshull • Jim Stanford • Bill McKibben • Craig Bennett"
Book Synopsis Routledge Handbook of Evolutionary Economics by : Kurt Dopfer
Download or read book Routledge Handbook of Evolutionary Economics written by Kurt Dopfer and published by Taylor & Francis. This book was released on 2023-11-27 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: While dating from post-Classical economists such as Thorstein Veblen and Joseph Schumpeter, the inception of the modern field of evolutionary economics is usually dated to the early 1980s. Broadly speaking, evolutionary economics sees the economy as undergoing continual, evolutionary change. Evolutionary change indicates that these changes were not planned, but rather were the result of innovations and selection processes. These often involved winners and losers, but most importantly, they resulted in actors learning what was and was not working. Evolutionary economics, in contrast to mainstream economics, emphasises the relevance of variables such as technology, institutions, decision rules, routines, or consumer preferences for explaining the complex evolutionary changes in the economy. In so doing, evolutionary economics significantly broadens the scope of economic analysis, and sheds new light on key concepts and issues of the discipline. This handbook draws on a stellar cast list of international contributors, ranging from the founders of the field to the newest voices. The volume explores the current state of the art in the field of evolutionary economics at the levels of the micro (e.g. firms and households), meso (e.g. industries and institutions), and macro (e.g. economic policy, structure, and growth). Overall, the Routledge Handbook of Evolutionary Economics provides an excellent overview of current trends and issues in this rapidly developing field.
