Consumer Theory

by Kelvin J. Lancaster (Editor)

Overview

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.

Product Details

ISBN-13:	9781852789565
Publisher:	Edward Elgar Publishing
Publication date:	02/18/1999
Series:	The International Library of Critical Writings in Economics series , #100
Pages:	656
Product dimensions:	6.62(w) x 9.62(h) x (d)

About the Author

Edited by the late Kelvin J. Lancaster, formerly John Bates Clark Professor of Economics, Columbia University, US

Table of Contents

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

Editorial Reviews

'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

A collection of 34 articles on consumer theory, giving representative coverage of important ideas in the field. Apart from a few classics from the pre-1950 period, most papers are from the decades of the 1950s, 1960s, and 1970s, with the most recent from 1991. Articles are arranged in sections on foundations of neoclassical theory, revealed preference, utility and rationality, aggregate demand, the structure of preferences, consumption as production, intertemporal choice, durable goods, uncertainty, and special cases. No index. Annotation c. by Book News, Inc., Portland, Or.

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