IDEAS home Printed from https://ideas.repec.org/a/cej/primer/v2y2004i1p45-79.html
   My bibliography  Save this article

The dimension of the reasonable in the microeconomics of William Vickrey

Author

Listed:
  • Jorge Ivan Gonzalez

    (Universidad Nacional de Colombia)

Abstract

William Vickrey, Nobel Laureate in 1996, made many significant contributions to economics. Paradoxically, his work can be considered both as the epitome of orthodoxy and as profoundly heterodox. This article reviews some of Vickrey’s major writings in fields as varied as the macroeconomics of full employment, the substantive normative implications of microeconomics, welfare economics, public economics, pricing under conditions of decreasing marginal costs, and urban economics. Two strains run through Vickrey’s thought: the concept of the reasonable (as distinguished from the rational); and a pervasive ethical concern for the welfare of the other

Suggested Citation

  • Jorge Ivan Gonzalez, 2004. "The dimension of the reasonable in the microeconomics of William Vickrey," Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Universidad Externado de Colombia, Universidad Nacional de Colombia, vol. 2(1), pages 45-79, November.
    • Handle: RePEc:cej:primer:v:2:y:2004:i:1:p:45-79
    as

    Download full text from publisher

    File URL: http://www.fce.unal.edu.co/cej/number2/3-Gonzalez.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    reasonableness; microeconomics; ethics;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D00 - Microeconomics - - General - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cej:primer:v:2:y:2004:i:1:p:45-79. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carolina Mendez (email available below). General contact details of provider: https://edirc.repec.org/data/funalco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.