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Measuring Utility: From the Marginal Revolution to Behavioral Economics

De (autor): Ivan Moscati

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Measuring Utility: From the Marginal Revolution to Behavioral Economics - Ivan Moscati

Measuring Utility: From the Marginal Revolution to Behavioral Economics

De (autor): Ivan Moscati

review Goodreads
Since the marginal revolution of the 1870s, the economic theory of decision-making has been based on the notion of utility. Utility, however, is not measurable. This book reconstructs economists' struggles with issues related to utility measurement from the 1870s to the beginning of behavioral economics in the mid-1980s.
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Since the marginal revolution of the 1870s, the economic theory of decision-making has been based on the notion of utility. Utility, however, is not measurable. This book reconstructs economists' struggles with issues related to utility measurement from the 1870s to the beginning of behavioral economics in the mid-1980s.
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