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Preference, value, choice, and welfare / Daniel M Hausman

By: Material type: TextTextPublication details: Cambridge : Cambridge University Press, 2012Description: xiv, 153p. 23cmISBN:
  • 9781107015432
Subject(s): DDC classification:
  • 658.8343 HAU
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Item type Current library Call number Status Date due Barcode Item holds
Book Book Calcutta 658.8343 HAU (Browse shelf(Opens below)) Available IIMC-136007
Total holds: 0

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. Hausman argues, 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.

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