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The community of advantage : a behavioural economist's defence of the market

Author: Robert Sugden
Publisher: Oxford, United Kingdom : Oxford University Press, 2018. ©2018
Edition/Format:   Print book : English : First editionView all editions and formats
Summary:
Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.
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Additional Physical Format: Electronic version:
Sugden, Robert.
Community of Advantage.
Oxford, United Kingdom : Oxford University Press, 2018
(OCoLC)1042074490
Document Type: Book
All Authors / Contributors: Robert Sugden
ISBN: 9780198825142 0198825145
OCLC Number: 1013741826
Description: xxii, 320 pages : illustrations ; 24 cm
Contents: The liberal tradition and the challenge from behavioural economics --
The view from nowhere --
The contractarian perspective --
The inner rational agent --
Opportunity --
The invisible hand --
Regulation --
Psychological stability --
Intrinsic motivation, kindness, and reciprocity --
Cooperative intentions --
The principle of mutual benefit.
Responsibility: Robert Sugden.

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Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals'  Read more...

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Can liberty be preserved while people are nudged to avoid decision errors they say they do not want to make? Read Robert Sugden, a classical liberal behavioural economist, on how opportunities for Read more...

 
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