Preference Dilemma in Economics
The paper deals with the different concepts of the human economic preferences in the point of view of the different economic schools, which deals with this topic. The paper begins with the description of the neoclassical concept of the preferences theory, followed by the critical analysis of Samuelsson´s concept of the revealed preferences. Further the attention is being paid to the Rothbard´s concept of the demonstrated preferences and unprecedented Becker´s concept of the stable preferences. The paper concludes with the alternative concepts of preferences of behavioral economics, Lancaster approach and evolutional theory.
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Volume (Year): 2011 (2011)
Issue (Month): 3 ()
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References listed on IDEAS
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