FERNÁNDEZ-GRELA, Manuel - In: Cahiers d’économie politique / Papers in Political … (2005) 49, pp. 159-176
The aim of this paper is to trace the evolution of the concept of ''rational consumer'' in Hicks's writings. After being one of the pioneers in the introduction of rationality assumptions about consumer behaviour in economic models, Hicks gradually developed a sceptical view about some of the...