Showing 1 - 6 of 6
The purpose of this paper is twofold. We first point out that violation of rationality axioms (SARP, GARP, WARP) do not … non-respect of demand theory axioms but by the changing of preferences over the period. A logistic regression confirms the …
Persistent link: https://www.econbiz.de/10009643767
rationality through which Hume's theory is apprehended, is highly disputable, from the point of view of both standard choice … theory and Hume's theory of passions. Nonetheless, Sugden's criterion of rationality might be restated in Humean terms as a …Facing R. Sugden's criticism of our interpretation, it is shown in this paper that rationality appears as a possible …
Persistent link: https://www.econbiz.de/10008789356
The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of …
Persistent link: https://www.econbiz.de/10008790780
For the reader who considers economic theory of choice as a special case of a more general theory of action, Hume … not seem to have given any evidence which would favour what we nowadays consider as the kind of rationality involved in … process, described by means of a decision algorithm which aims at representing Hume's theory of choice. …
Persistent link: https://www.econbiz.de/10008791484
The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of …
Persistent link: https://www.econbiz.de/10008793170
distribution of risks inside society, the Liberal system wins if the inequality of income is low, and the Beveridgean system wins … if the inequality of income is high. Using a utilitarian criterion, the Beveridgean system always dominates and the …
Persistent link: https://www.econbiz.de/10010635025