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the micro'demands of the psychological preference theory with the standard macro'ones. Finally, we show that polycentered … models seem to be the only framework within which individual psychological preference is an appropriate tool to study the …
Persistent link: https://www.econbiz.de/10009325726
preference, while the constructive approach aims at building preferences by questioning the decision maker. We show that these …
Persistent link: https://www.econbiz.de/10010738479
consequence of Hume's theory of choice. We first argue that Sugden's dismissal of the preference relation from the type of …
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 decision, like the one developed in Diaye and Lapidus (2005a). Although we support the idea that Hume was in some way a hedonist – evidently different from Bentham's or Jevons' way...
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's discussion of the determinants of action in the Treatise of Human Nature (1739-1740), in the Enquiry on Human Understanding (1748), and in the Dissertation on Passions (1757),...
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 decision, like the one developed in Diaye and Lapidus (2005a). Although we support the idea that Hume was in some way – evidently different from Bentham's or Jevons' way – a...
Persistent link: https://www.econbiz.de/10008793170
the micro'demands of the psychological preference theory with the standard macro'ones. Finally, we show that polycentered … models seem to be the only framework within which individual psychological preference is an appropriate tool to study the …
Persistent link: https://www.econbiz.de/10010930212
This paper presents the different utilitarian approaches to ethics. It stresses the influence of utilitarianism in economics in general and in welfare economics in particular. The key idea of the paper to explain the evolution from classical utilitarianism to preferences utilitarianism and...
Persistent link: https://www.econbiz.de/10010821180