Chapter 1. Introduction -- Chapter 2. Rationality of choices made by individual consumer -- Chapter 3. Rationality of choices made by groups of consumers -- Chapter 4. Rationality of choices made by individual producers -- Chapter 5. Rationality of choices made by groups of producers by...

pt. 1. The Walrasian system. The neoclassical theory of the consumer -- The neoclassical theory of production -- General equilibrium in a barter economy -- Introducing prices : perfect competition and Pareto efficiency -- Market failure and the second fundamental theorem of welfare economics --...

Social demand functions result from the budget constrained maximization of "social preferences" or "other regarding preferences." These preferences are non-selfish in the sense that they also depend on other consumers' wealth. This paper addresses the robustness to wealth externalities of the...