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The Theory of Choice and the Constancy of Economic Laws

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  • Nicholas Georgescu-Roegen

Abstract

Introduction, 125. — I. The theory of consumer's choice, 126. — II. Four qualifying postulates, 128. — III. The constancy of economic laws, 133. — IV. Determinateness of consumer equilibrium, 134. — V. Conclusion, 138.

Suggested Citation

  • Nicholas Georgescu-Roegen, 1950. "The Theory of Choice and the Constancy of Economic Laws," The Quarterly Journal of Economics, Oxford University Press, vol. 64(1), pages 125-138.
  • Handle: RePEc:oup:qjecon:v:64:y:1950:i:1:p:125-138.
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    File URL: http://hdl.handle.net/10.2307/1881962
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    Cited by:

    1. Mario Amendola & Jean Luc Gaffard, 2014. "Novelty,Hysteresis,and Growth," Documents de Travail de l'OFCE 2014-12, Observatoire Francais des Conjonctures Economiques (OFCE).
    2. Magrabi, Frances Marie, 1962. "A model of consumer choice," ISU General Staff Papers 196201010800003063, Iowa State University, Department of Economics.
    3. MORARU Andreea Daniela & JUGANARU Ion-Danut, 2013. "Consumer Behaviour: Does History Matter," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 65(1), pages 121-128.
    4. Andrea Maneschi, 2010. "Nicholas Georgescu-Roegen and the Mecca of the Economist," Chapters, in: Tiziano Raffaelli & Giacomo Becattini & Katia Caldari & Marco Dardi (ed.),The Impact of Alfred Marshall’s Ideas, chapter 25, Edward Elgar Publishing.
    5. D. Wade Hands, 2012. "The Rise and Fall of Walrasian Microeconomics: The Keynesian Effect," Chapters, in: Microfoundations Reconsidered, chapter 3, Edward Elgar Publishing.
    6. Quentin Couix, 2018. "From Methodology to Practice (and Back): Georgescu-Roegen's Philosophy of Economics and the Flow-Fund Model," Post-Print halshs-01854031, HAL.
    7. Quentin Couix, 2018. "From Methodology to Practice (and Back): Georgescu-Roegen's Philosophy of Economics and the Flow-Fund Model," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01854031, HAL.
    8. Hans Albert, 2010. "The economic tradition and the constitution of science," Public Choice, Springer, vol. 144(3), pages 401-411, September.

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