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Individual Preferences and Decision-Making

In: The Elgar Companion to Social Economics

Author

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  • Shaun P. Hargreaves Heap

Abstract

As this comprehensive Companion demonstrates, social economics is a dynamic and growing field that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in the larger web of social and ethical relationships. It also regards economics and ethics as essentially connected, and adds values such as justice, fairness, dignity, well-being, freedom and equality to the standard emphasis on efficiency. The Elgar Companion to Social Economics brings together the leading contributors in the field to elucidate a wide range of recent developments across different subject areas and topics. In so doing the contributors also map the likely trends and directions of future research. This Companion will undoubtedly become a leading reference source and guide to social economics for many years to come.

Suggested Citation

  • Shaun P. Hargreaves Heap, 2008. "Individual Preferences and Decision-Making," Chapters, in: John B. Davis & Wilfred Dolfsma (ed.), The Elgar Companion to Social Economics, chapter 5, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:3765_5
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