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Conséquences anticipées et comportements face au risque dans la pensée économique de Jeremy Bentham

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  • Sandrine Leloup

Abstract

In this article, we study the motives which drive an entrepreneur to innovate according to Jeremy Bentham [1748-1832]. We show that the innovator, called at this time the projector, can be considered through the prism of the theory of expected utility, but not as a risk-lover: it is not the game and the risk that is attached to the innovation which attracts the projector, but, besides the pleasure associated to the profit, we shall note the importance of the pleasure to realize a project. Classification JEL : B190, B310, D810, M130

Suggested Citation

  • Sandrine Leloup, 2002. "Conséquences anticipées et comportements face au risque dans la pensée économique de Jeremy Bentham," Revue économique, Presses de Sciences-Po, vol. 53(3), pages 415-423.
    • Handle: RePEc:cai:recosp:reco_533_0415
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    Citations

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    Cited by:

    1. Nathalie Sigot & Laurie Bréban, 2020. "The influence of laws on informal rules: a reassement of the controversy between Jeremy Bentham and Adam Smith on usury [L’influence des lois sur les règles informelles : une relecture de la contro," Post-Print hal-03825528, HAL.
    2. de La Bruslerie, Hubert & Pratlong, Florent, 2012. "La valeur psychologique du temps : une synthèse de la littérature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(3), pages 361-400, Septembre.

    More about this item

    JEL classification:

    • B19 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Other
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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