Dilemmas in economic theory: persisting foundational problems of microeconomics
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York [u.a.]
Oxford Univ. Press
1999
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | IX, 211 S. graph. Darst. |
| ISBN: | 0195100875 0195145755 |
Internformat
MARC
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Datensatz im Suchindex
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|---|---|
| adam_text | Contents
1.
Introduction:
The Transformalion
ol
Economic Theory
3
1.1 Three transitions
4
1.2
The timing of the transitions
7
1.3
Theory versus practice
В
1.4
Where early neoclassical theory fails
10
1.5
Interest theory: a further blindspot
11
1.6
Why the history of economic theory?
13
2.
Marginal Productivity and the Indeterminacy of Factor Prices Id
2.1
Introduction and overview
16
2.2
Marginal productivity theory
19
2.3
Initial criticisms of marginal productivity theory
20
2.4
Nondiffercntiable production and indeterminacy
22
2.5
Alternatives to differentiable production
23
2.6
Fixed-coeflicients theory and its critics
25
2.7
Long-run theories
30
2.8
Factor pricing in contemporary theory
37
2.9
Factor-price indeterminacy revisited: Sraffa and general
equilibrium theory 4ft
2.10
Conclusion
4-У
Appendix
50
3.
The Prehistory of Distribution Theory:
lite
Wage
Fumi
and the
invention of
Marginai
Productivity
52
3.1
Overview
52
3.2
Factor pricing in classical economies
53
3.3
The wage fund
55
3.4
j. S. Mill and elastic factor supply
59
3.5
Between the wage
fum·
and marginal productivity
61
viii CONTENTS
3.6
The emergence of marginal productivity
64
3.7
Conclusion
65
4.
The Ordinal Revolution
66
4.1
Introduction
66
4.2
Demand analysis and neoclassical economics
68
4.3
Hedonism and its advantages
72
4.4
Early neoclassical accounts of deliberation
76
4.5
Ordinal preference theory
78
4.6
Ordinalism versus cardinalism
82
4.7
Diminishing marginal utility and psychological concavity
85
4.8
Should assumptions be placed only on preferences?
87
4.9
Convexity versus diminishing marginal utility
93
4.10
Transitivity and completeness
96
4.11
Conclusions
104
4.12
Postscript: choice under uncertainty
107
5.
Historical Issues in Preference Theory: Cardinality and the
Transition to Ordinalism
110
5.1
Cardinality and cardinal measurability 111
5.2
Cardinality based on pleasure
112
5.3
The end of hedonism
115
5.4
Fisher: non-hedonistic cardinality
117
5.5
The move to ordinalism
121
6.
Paretian
Welfare Economics
123
6.1
Introduction and overview
123
6.2
Economic utilitarianism
125
6.3
Early neoclassical definitions of efficiency
131
6.4
The rejection of utilitarianism
134
6.5
Bergson-Samuelson
social welfare functions
136
6.5.1
An example: Harsanyi social welfare functions
138
6.6
Compensation criteria
140
6.6.1
Hicksian variations: cost-benefit analysis
142
6.6.2
Output comparisons
145
6.7
The postwar consensus
150
6.8
Problems with Pare to optimality
153
6.9
Policy paralysis: a social-choice example
157
6.10
Conclusion
162
7.
A Positive Rate of Interest ?
164
7.1
introduction
164
7.2
The classical position
167
7.3
Early neoclassical interest rate theory
170
7.4
Contemporary interest rate theory and the impatience
assumption
175
CONTENTS
ix
7.5
Technological arguments for a positive
interest
rate
180
7.6
Land and interest
187
7.7
Conclusion
188
Appendix
189
8.
Conclusion
191
8.1
Anomaly
versus
norm in theoretical models
191
8.2
Form and content
192
References
193
Index
203
|
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| callnumber-subject | HB - Economic Theory and Demography |
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| discipline | Wirtschaftswissenschaften |
| format | Book |
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| illustrated | Illustrated |
| indexdate | 2024-07-09T18:28:06Z |
| institution | BVB |
| isbn | 0195100875 0195145755 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-008461540 |
| oclc_num | 38353994 |
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| publisher | Oxford Univ. Press |
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| spelling | Mandler, Michael Verfasser aut Dilemmas in economic theory persisting foundational problems of microeconomics Michael Mandler New York [u.a.] Oxford Univ. Press 1999 IX, 211 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Micro-economie gtt Microéconomie Microéconomie ram Valeur Valeur ram Value Microeconomics Mikroökonomie (DE-588)4039225-9 gnd rswk-swf Nutzentheorie (DE-588)4131868-7 gnd rswk-swf Wohlfahrtstheorie (DE-588)4066735-2 gnd rswk-swf Mikroökonomie (DE-588)4039225-9 s DE-188 Wohlfahrtstheorie (DE-588)4066735-2 s Nutzentheorie (DE-588)4131868-7 s Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008461540&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Mandler, Michael Dilemmas in economic theory persisting foundational problems of microeconomics Micro-economie gtt Microéconomie Microéconomie ram Valeur Valeur ram Value Microeconomics Mikroökonomie (DE-588)4039225-9 gnd Nutzentheorie (DE-588)4131868-7 gnd Wohlfahrtstheorie (DE-588)4066735-2 gnd |
| subject_GND | (DE-588)4039225-9 (DE-588)4131868-7 (DE-588)4066735-2 |
| title | Dilemmas in economic theory persisting foundational problems of microeconomics |
| title_auth | Dilemmas in economic theory persisting foundational problems of microeconomics |
| title_exact_search | Dilemmas in economic theory persisting foundational problems of microeconomics |
| title_full | Dilemmas in economic theory persisting foundational problems of microeconomics Michael Mandler |
| title_fullStr | Dilemmas in economic theory persisting foundational problems of microeconomics Michael Mandler |
| title_full_unstemmed | Dilemmas in economic theory persisting foundational problems of microeconomics Michael Mandler |
| title_short | Dilemmas in economic theory |
| title_sort | dilemmas in economic theory persisting foundational problems of microeconomics |
| title_sub | persisting foundational problems of microeconomics |
| topic | Micro-economie gtt Microéconomie Microéconomie ram Valeur Valeur ram Value Microeconomics Mikroökonomie (DE-588)4039225-9 gnd Nutzentheorie (DE-588)4131868-7 gnd Wohlfahrtstheorie (DE-588)4066735-2 gnd |
| topic_facet | Micro-economie Microéconomie Valeur Value Microeconomics Mikroökonomie Nutzentheorie Wohlfahrtstheorie |
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