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Consumer Theory

The International Library of Critical Writings in Economics series
Edited by the late Kelvin J. Lancaster, formerly John Bates Clark Professor of Economics, Columbia University, US
Consumer Theory brings together in one volume the most significant contributions to the subject by leading scholars. Ranging over the period from 1915 to the present, the articles explore the foundations of neoclassical theory and discuss preference and the structure of preferences. The book investigates extensions and modifications to the basic neoclassical theory, including consumption as production, intertemporal choice and the problems of uncertainty and risk. This authoritative anthology gives a comprehensive overview and will be an essential reference source for consumer theory.
Extent: 656 pp
Hardback Price: £185.00 Online: £166.50
Publication Date: 1998
ISBN: 978 1 85278 956 5
Availability: In Stock
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  • Economics and Finance
  • Industrial Economics
Consumer Theory brings together in one volume the most significant contributions to the subject by leading scholars. Ranging over the period from 1915 to the present, the articles explore the foundations of neoclassical theory and discuss preference and the structure of preferences. The book investigates extensions and modifications to the basic neoclassical theory, including consumption as production, intertemporal choice and the problems of uncertainty and risk. This authoritative anthology gives a comprehensive overview and will be an essential reference source for consumer theory.
‘This excellent volume provides a selection of original articles covering the most important ideas in this field over the last fifty years.’
– Aslib Book Guide
34 articles, dating from 1915 to 1991
Contributors include: G.A. Akerlof, K.J. Arrow, G. Debreu, M. Friedman, J.R. Hicks, H. Hotelling, P.A. Samuelson, A. Sen, G.J. Stigler, R. Stone
Contents: Introduction Part I: Foundations of Neo-Classical Theory Part II: Revealed Preference Part III: Preference, Utility and Rationality Part IV: Aggregate Demand Part V: The Structure of Preferences Part VI: Consumption as Production Part VII: Intertemporal Choice Part VIII: Durable Goods Part IX: Uncertainty Part X: Special Cases Index