Cargando…
Against utility-based economics : on a life-based approach /
Utility-based theory and the fallback choice-theoretic framework are shown to be biased, irremediably flawed and misleading. A radically different theory of value and of consumer behaviour is proposed based on existential interpretations of scarcity, value and self-interest. For self-conscious morta...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Milton Park, Abingdon, Oxon :
Routledge,
2013.
|
| Colección: | Routledge frontiers of political economy ;
173. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Utility-based theory and the fallback choice-theoretic framework are shown to be biased, irremediably flawed and misleading. A radically different theory of value and of consumer behaviour is proposed based on existential interpretations of scarcity, value and self-interest. For self-conscious mortals, only time is scarce. All other is derivative scarcity. Value is in the life, as a knowledge extract of time, which goes into commodities as direct human labour and depreciated capital, through their production. By structuring their preferences, consumers try to confiscate more of such. |
|---|---|
| Descripción Física: | 1 online resource (xxiii, 272 pages) : illustrations |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 1135009732 9781135009731 9780203742471 0203742478 |