IDEAS home Printed from https://ideas.repec.org/a/dug/journl/y2009i1p63-68cdugjournly2009i1p63-68.html
   My bibliography  Save this article

The Utility Of The Consumer From The Ancients To The Classics

Author

Listed:
  • Cristina Gabriela ZAMFIR

    () (Dunãrea de Jos University, Romania)

  • Gabriela VÎRLAN

    () (Danubius University, Romania)

Abstract

The concept of utility is, together with the one of cost, the most important one in economic theory; all economic theories – except for the one of the producer – consider utility in their substantiation. Utility appears involved in the subjective theory of value, in the theory of imputation, of decision, of welfare and of playing. Due to the signification it possesses, utility has been initially debated by philosophers, theologians, scientists, who have inevitably inserted ethic or religious elements in the definition of the concept. To a great extent, economic problems are also ethic problems and the contradictions and interferences between moral and economy or their interdependencies with other social sciences have been a reason of controversial debates, especially during the last decades. This study is first of all a theoretical one, presenting multiple aspects on the evolution of the utility paradigm in the economic theory – starting with Antiquity and finishing with the classics – also considering the progress generated by its development in the science of Economy.

Suggested Citation

  • Cristina Gabriela ZAMFIR & Gabriela VÎRLAN, 2009. "The Utility Of The Consumer From The Ancients To The Classics," EuroEconomica, Danubius University of Galati, issue 1(22), pages 63-68, May.
  • Handle: RePEc:dug:journl:y:2009:i:1:p:63-68c:dug:journl:y:2009:i:1:p:63-68
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/283/266
    Download Restriction: no

    References listed on IDEAS

    as
    1. Lian An & Jian Wang, 2012. "Exchange Rate Pass-Through: Evidence Based on Vector Autoregression with Sign Restrictions," Open Economies Review, Springer, vol. 23(2), pages 359-380, April.
    2. Campa, Jose M. & Goldberg, Linda S. & Gonzalez-Minguez, Jose M., 2005. "Exchange-rate pass-through to import prices in the euro area," IESE Research Papers D/609, IESE Business School.
    3. Taylor, John B., 2000. "Low inflation, pass-through, and the pricing power of firms," European Economic Review, Elsevier, vol. 44(7), pages 1389-1408, June.
    4. Anderton, Robert, 2003. "Extra-euro area manufacturing import prices and exchange rate pass-through," Working Paper Series 219, European Central Bank.
    5. Giovanni P. Olivei, 2002. "Exchange rates and the prices of manufacturing products imported into the United States," New England Economic Review, Federal Reserve Bank of Boston, issue Q 1, pages 3-18.
    6. Steve Ambler & Ali Dib & Nooman Rebei, 2003. "Nominal Rigidities and Exchange Rate Pass-Through in a Structural Model of a Small Open Economy," Staff Working Papers 03-29, Bank of Canada.
    7. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    utility; inherent value; use value; happiness;

    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:dug:journl:y:2009:i:1:p:63-68c:dug:journl:y:2009:i:1:p:63-68. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Florian Nuta). General contact details of provider: http://edirc.repec.org/data/fedanro.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.