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A Review of Robert Sugden's Community of Advantage

Author

Listed:
  • Patrick Harless
  • Romans Pancs

Abstract

In his book, The Community of Advantage: A Behavioural Economist's Defence of the Market, Robert Sugden says that people should be left alone to do what they want. We interpret his reasons for saying so and try to unify them. The unification uses simple economic models. When we fail to unify, we explain why. Open problems emerge. If Sugden's passion for his subject won't motivate the reader to pursue these problems, what will?

Suggested Citation

  • Patrick Harless & Romans Pancs, 2022. "A Review of Robert Sugden's Community of Advantage," Journal of Economic Literature, American Economic Association, vol. 60(1), pages 233-255, March.
  • Handle: RePEc:aea:jeclit:v:60:y:2022:i:1:p:233-55
    DOI: 10.1257/jel.20201621
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    More about this item

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D60 - Microeconomics - - Welfare Economics - - - General
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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