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Ordre Lexicographique, Besoins Et Preferences Dans L'Oeuvre De Georgescu-Roegen

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  • Hubert STAHN

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Abstract

In his paper entitled "Choice, Expectation and Measurability" Nicholas Georgescu-Roegen severely attacked the utility theory by rejecting systematically the so-called Archimedian axiom. His argument strongly relied on the use of lexicographic ordering. However he did not bring the argument to terms. The purpose of this paper is therefore to follow Georgescu- Roegen's point in order to understand why he did not make use of the growing mathematical lattice theory and to see how his attack can be improved by the use of this approach

Suggested Citation

  • Hubert STAHN, 2006. "Ordre Lexicographique, Besoins Et Preferences Dans L'Oeuvre De Georgescu-Roegen," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 50, pages 137-154.
  • Handle: RePEc:cpo:journl:y:2006:i:50:p:137-154
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    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory

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