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The community of advantage : a behavioural economist's defence of the market / Robert Sugden.
- Format:
- Book
- Author/Creator:
- Sugden, Robert, author.
- Language:
- English
- Subjects (All):
- Economics--Psychological aspects.
- Economics.
- Physical Description:
- 1 online resource (343 pages)
- Edition:
- New product edition.
- Place of Publication:
- Oxford : Oxford University Press, 2018.
- Summary:
- Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.
- Contents:
- The liberal tradition and the challenge from behavioural economics
- The view from nowhere
- The contractarian perspective
- The inner rational agent
- Opportunity
- The invisible hand
- Regulation
- Psychological stability
- Intrinsic motivation, kindness, and reciprocity
- Cooperative intentions
- The principle of mutual benefit.
- Notes:
- This edition previously issued in print: 2018.
- Includes bibliographical references and index.
- Description based on print version record.
- ISBN:
- 0-19-255879-X
- 0-19-186381-5
- 0-19-255878-1
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