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 considers whether a hedonistic view of welfare represents a viable alternative, and what its normative implications are. Offering a welfare theory with stronger behavioural and evolutionary foundations, Binder follows a naturalistic methodology to examine the foundations of welfare, connecting the concept with a dynamic theory of preference learning, and providing a more realistic account of human behaviour.
This book will be of interest to researchers and those working in the fields of welfare economics, behavioural and evolutionary economics.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Martin Binder is a Research Associate at the Max Planck Institute of Economics, Jena, Germany.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Paperback. Etat : new. Paperback. 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 individuals 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 considers whether a hedonistic view of welfare represents a viable alternative, and what its normative implications are. Offering a welfare theory with stronger behavioural and evolutionary foundations, Binder follows a naturalistic methodology to examine the foundations of welfare, connecting the concept with a dynamic theory of preference learning, and providing a more realistic account of human behaviour.This book will be of interest to researchers and those working in the fields of welfare economics, behavioural and evolutionary economics. Recent work in behavioural economics has questioned traditional measures for welfare. This book asks whether a different measure for individual welfare can, and should, be found. This book explores whether a hedonistic view of welfare represents a viable alternative, and what its normative implications are. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9781138807082
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Etat : New. Recent work in behavioural economics has questioned traditional measures for welfare. This book asks whether a different measure for individual welfare can, and should, be found. This book explores whether a hedonistic view of welfare represents a viable alternative, and what its normative implications are. Num Pages: 280 pages, 3 black & white illustrations, 3 black & white line drawings. BIC Classification: HP; JFF; KCA; KCP. Category: (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 236 x 160 x 16. Weight in Grams: 434. . 2014. 1st Edition. Paperback. . . . . N° de réf. du vendeur V9781138807082
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