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A Critical Examination of Some Underlying Assumptions of the Marginal Utility Theory

A Critical Examination of Some Underlying Assumptions of the Marginal Utility Theory PDF Author: Mortimer Andron
Publisher:
ISBN:
Category : Marginal utility
Languages : en
Pages : 74

Book Description

A Critical Examination of Some Underlying Assumptions of the Marginal Utility Theory

A Critical Examination of Some Underlying Assumptions of the Marginal Utility Theory PDF Author: Mortimer Andron
Publisher:
ISBN:
Category : Marginal utility
Languages : en
Pages : 74

Book Description

Measuring Utility

Measuring Utility PDF Author: Ivan Moscati
Publisher: Oxford Studies in History of E
ISBN: 0199372764
Category : Business & Economics
Languages : en
Pages : 345

Book Description
Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.

Measuring Utility

Measuring Utility PDF Author: Ivan Moscati
Publisher: Oxford University Press
ISBN: 0199372780
Category : Business & Economics
Languages : en
Pages : 352

Book Description
Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.

The Routledge International Handbook on Max Weber

The Routledge International Handbook on Max Weber PDF Author: Alan Sica
Publisher: Taylor & Francis
ISBN: 1000642216
Category : Social Science
Languages : en
Pages : 684

Book Description
This book explores the latest thinking about Max Weber and his continuing influence on theoretical and empirical interests today. Bringing together the work of leading scholars from a variety of disciplines, it illuminates Weber’s thought in a number of key areas, including the methodology and philosophy of social science, comparative religion, the rationalization process, political sociology, the sociology of law, and the Protestant ethic and the development of capitalism. An international collection that demonstrates the enduring importance of Weber’s thought to contemporary sociology and the discipline’s major concerns, The Routledge International Handbook on Max Weber will appeal to scholars in a range of disciplines, including sociology, social theory, politics, philosophy, law, and international relations.

Social Science Research

Social Science Research PDF Author: Anol Bhattacherjee
Publisher: CreateSpace
ISBN: 9781475146127
Category : Science
Languages : en
Pages : 156

Book Description
This book is designed to introduce doctoral and graduate students to the process of conducting scientific research in the social sciences, business, education, public health, and related disciplines. It is a one-stop, comprehensive, and compact source for foundational concepts in behavioral research, and can serve as a stand-alone text or as a supplement to research readings in any doctoral seminar or research methods class. This book is currently used as a research text at universities on six continents and will shortly be available in nine different languages.

The General Theory of Employment, Interest and Money

The General Theory of Employment, Interest and Money PDF Author: John Maynard Keynes
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description

Marginal Utility and Value

Marginal Utility and Value PDF Author: Silas Marcus Macvane
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

Book Description

Journal of management

Journal of management PDF Author: Southern Management Association
Publisher:
ISBN:
Category :
Languages : en
Pages : 550

Book Description

Bulletin

Bulletin PDF Author: Northwestern University (Evanston, Ill.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 112

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A Theory of Consumption

A Theory of Consumption PDF Author: Hazel Kyrk
Publisher: Boston : Houghton Mifflin, Company
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 326

Book Description

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