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Dilemmas in economic theory persisting foundational problems of microeconomics

Michael Mandler

New York Oxford University Press 1999

Localização: FEA - Fac. Econ. Adm. Contab. e Atuária  ACERVO DELFIM NETTO  (B6.23.3 )(Acessar)

  • Título:
    Dilemmas in economic theory persisting foundational problems of microeconomics
  • Autor: Michael Mandler
  • Assuntos: Value; Microeconomics; Valeur; Microéconomie; Mikroökonomie; Micro-economie; VALOR (ECONOMIA); MICROECONOMIA
  • Notas: Includes bibliographical references and index
  • Descrição: Introduction: the transformation of economic theory -- Marginal productivity and the indeterminacy of factor prices -- The prehistory of distribution theory -- The ordinal revolution -- Historical issues in preference theory -- Paretian welfare economics -- A positive rate of interest? -- Conclusion
    Dilemmas in Economic Theory examines the innovations of postwar economics and argues that the greater generality of current equilibrium analysis conceals deep-seated problems. This book does not dismiss neoclassical theory. Instead, it identifies internal difficulties and dilemmas
    Dilemmas in Economic Theory links the technical arcana of contemporary theory to the substantive questions that economists wrestled with prior to the Arrow-Debreu revolution. But it does not try to revive long-expired theoretical fashions. Early neoclassical welfare theorists were unable to supply the interpersonal welfare comparisons that utilitarianism requires, and plausible versions of marginal productivity are applicable only under narrow circumstances. This book instead explores foundational problems and the challenges of solving them. When these difficulties are recognized, a more coherent and credible economic theory can emerge
  • Editor: New York Oxford University Press
  • Data de criação/publicação: 1999
  • Formato: ix, 211 p ill 24 cm.
  • Idioma: Inglês
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