Foundations of Paul Samuelson's Revealed Preference Theory

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Author_Stanley Wong
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concept
consumer choice theory
Consumer's Market Behaviour
Consumer’s Market Behaviour
critical analysis of revealed preference theory
critique of neoclassical economics
economic methodology
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Equilibrium Points
Giffen Good
Good X1
indifference
Indifference Curve
Indifference Map
Individual's Indifference Map
individuals
Individual’s Indifference Map
Kepler's Theory
Kepler’s Theory
Logically Equivalent
map
Marshall's Theory
Marshall’s Theory
Non-observational Concept
nonobservational
Observational Equivalent
Observational Terms
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ordinal
Ordinal Utility
ordinal utility analysis
Ordinal Utility Function
Ordinal Utility Theory
philosophy of economics
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rational
Rational Reconstruction
rationality in decision making
reconstruction
Revealed Preference Approach
Revealed Preference Theory
Samuelson Theory
Samuelson's Contributions
samuelsons
Samuelson’s Contributions
utility
Weak Axiom

Product details

  • ISBN 9780415311571
  • Weight: 490g
  • Dimensions: 138 x 216mm
  • Publication Date: 19 Jan 2006
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Originally published over two decades ago, this classic text within the philosophy of economics is a tour de force against revealed preference. It critically examines the research programme carried out by the Nobel Prize winner Paul Samuelson on the revealed preference approach to the theory of consumer behaviour. It also challenges two essential premises:

* that the programme has been completed
* that the various contributions of Samuelson are mutually consistent.

This text contains a new preface by Wong, in which he provides a detailed insight into the origins of his pioneering text, and a new introduction from Philip Mirowski, analyzing the impact The Foundation of Paul Samuelson’s Revealed Preference Theory has had on the discipline of economics as well as explaining why it remains core reading for economists today.

The defining statement of economic method, this book will be of interest to economists everywhere.

Stanley Wong received his university education at Simon Fraser University, British Columbia and King’s College, Cambridge. He is currently practising law with a major Canadian law firm and holds an LL.B. from the University of Toronto as well as two degrees in economics.

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