Elements of an evolutionary theory of welfare : assessing welfare when preferences change / Martin Binder.

Format:

Book

Author/Creator:

Binder, Martin, 1978- author.

Series:

Routledge advances in social economics ; 16.

Routledge advances in social economics ; 16

Language:

English

Subjects (All):

Welfare economics.

Economics.

Physical Description:

1 online resource (277 p.)

Edition:

1st ed.

Place of Publication:

London : Routledge, 2010.

Language Note:

English

Summary:

It has always been an important task of economics to assess individual and social welfare. The traditional approach has assumed that the measuring rod for welfare is the satisfaction of the individual's given and unchanging preferences, but recent work in behavioural economics has called this into question by pointing out the inconsistencies and context-dependencies of human behaviour. When preferences are no longer consistent, we have to ask whether a different measure for individual welfare can, and should, be found. This book goes beyond the level of preference and instead conside

Contents:

Book Cover; Title; Copyright; Contents; Figures; Tables; Acknowledgements; 1 Introduction; 2 Conceptual background and welfare terminology; 3 Other approaches to welfare economics; 4 A positive basis: The learning theory of consumption; 5 An evolutionary theory of welfare; 6 Evolutionary welfare economics; 7 Concluding remarks; Notes; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-136-95616-6

1-136-95617-4

1-282-62919-0

9786612629198

0-203-84955-8

9780203849552

OCLC:

642661371