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The Hicksian Rational Consumer

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  • Manuel FERNÁNDEZ-GRELA

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Abstract

The aim of this paper is to trace the evolution of the concept of ''rational consumer'' in Hicks's writings. After being one of the pioneers in the introduction of rationality assumptions about consumer behaviour in economic models, Hicks gradually developed a sceptical view about some of the uses to which those assumptions were put into. The focus of the paper is on continuity in Hicksian views, providing a picture of gradual changes in the long series of Hicks's works

Suggested Citation

  • Manuel FERNÁNDEZ-GRELA, 2005. "The Hicksian Rational Consumer," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 49, pages 159-176.
  • Handle: RePEc:cpo:journl:y:2005:i:49:p:159-176
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    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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