Preference, value, choice, and welfare /

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Bibliographic Details
Author / Creator:	Hausman, Daniel M., 1947- author.
Imprint:	Cambridge ; New York : Cambridge University Press, 2012.
Description:	1 online resource (xiv, 153 pages) : illustrations
Language:	English
Subject:	Consumers' preferences. Preferences (Philosophy) Value. Rational choice theory. Consumers' preferences. Preferences (Philosophy) Rational choice theory. Value. Electronic book. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11830825

Hidden Bibliographic Details
ISBN:	9781139218238 1139218239 9781139058537 1139058533 9781139221320 1139221329 9786613598479 661359847X 1280568879 9781280568879 9781107015432 110701543X 9781107695122 1107695120
Digital file characteristics:	data file
Notes:	Includes bibliographical references (pages 139-148) and index. Print version record.
Summary:	"This book is about preferences, principally as they figure in economics. It also explores their uses in everyday language and action, how they are understood in psychology and how they figure in philosophical reflection on action and morality. The book clarifies and for the most part defends the way in which economists invoke preferences to explain, predict and assess behavior and outcomes. Hausman argues, however, that the predictions and explanations economists offer rely on theories of preference formation that are in need of further development, and he criticizes attempts to define welfare in terms of preferences and to define preferences in terms of choices or self-interest. The analysis clarifies the relations between rational choice theory and philosophical accounts of human action. The book also assembles the materials out of which models of preference formation and modification can be constructed, and it comments on how reason and emotion shape preferences"--
Other form:	Print version: Hausman, Daniel M., 1947- Preference, value, choice, and welfare. Cambridge ; New York : Cambridge University Press, 2012 9781107015432

Table of Contents:

1. Preferences, comparative evaluations, ad reasons
Part I. Preferences in Positive Economics: 2. Preference axioms and their implications; 3. Revealed-preference theory; 4. Preferences, decision theory, and consequentialism; 5. Game theory and consequentialism; 6. Constraints and counterpreferential choice
Part II. Preferences, Welfare, and Normative Economics: 7. Preference satisfaction and welfare; 8. Preferences in welfare economics
Part III. Psychology, Rational Evaluation, and Preference Formation: 9. The psychology of choice; 10. Constructing preferences; 11. Conclusions.

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