1.

Record Nr.

UNINA9910791128403321

Autore

Binder Martin <1978-, >

Titolo

Elements of an evolutionary theory of welfare : assessing welfare when preferences change / / Martin Binder

Pubbl/distr/stampa

London : , : Routledge, , 2010

ISBN

1-136-95616-6

1-136-95617-4

1-282-62919-0

9786612629198

0-203-84955-8

Descrizione fisica

1 online resource (277 p.)

Collana

Routledge advances in social economics ; ; 16

Disciplina

330.15/56

Soggetti

Welfare economics

Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Book Cover; Title; Copyright; Contents; Figures; Tables; Acknowledgements; 1 Introduction; 2 Conceptual background and welfare terminology; 3 Other approaches to welfare economics; 4 A positive basis: The learning theory of consumption; 5 An evolutionary theory of welfare; 6 Evolutionary welfare economics; 7 Concluding remarks; Notes; Bibliography; Index

Sommario/riassunto

It has always been an important task of economics to assess individual and social welfare. The traditional approach has assumed that the measuring rod for welfare is the satisfaction of the individual's given and unchanging preferences, but recent work in behavioural economics has called this into question by pointing out the inconsistencies and context-dependencies of human behaviour. When preferences are no longer consistent, we have to ask whether a different measure for individual welfare can, and should, be found. This book goes beyond the level of preference and instead conside