From Marginal Utility to Revealed Preference: Rational Reconstruction

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11620%2F13%3A10188888" target="_blank" >RIV/00216208:11620/13:10188888 - isvavai.cz</a>

Výsledek na webu

<a href="http://nb.vse.cz/kfil/elogos/science/hudik13.pdf" target="_blank" >http://nb.vse.cz/kfil/elogos/science/hudik13.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

From Marginal Utility to Revealed Preference: Rational Reconstruction

Popis výsledku v původním jazyce

This paper provides an exposition of the standard model of economic choice, applying Popper's method of rational reconstruction. It emphasizes that the explanation of downward-sloping demand curve, which is the original explicandum of this model, does not entail explanation of choice as such. Two alternative variants of the model of are considered: one based on the notion of diminishing marginal utility and the other on the concept of ordinal utility. Each variant is understood as a tentative solution to a theoretical problem and clarifies why the former is replaced by the latter. It also shows how the latter relates to consumer preferences and choices and why choices remain unexplained by the model.

Název v anglickém jazyce

From Marginal Utility to Revealed Preference: Rational Reconstruction

Popis výsledku anglicky

This paper provides an exposition of the standard model of economic choice, applying Popper's method of rational reconstruction. It emphasizes that the explanation of downward-sloping demand curve, which is the original explicandum of this model, does not entail explanation of choice as such. Two alternative variants of the model of are considered: one based on the notion of diminishing marginal utility and the other on the concept of ordinal utility. Each variant is understood as a tentative solution to a theoretical problem and clarifies why the former is replaced by the latter. It also shows how the latter relates to consumer preferences and choices and why choices remain unexplained by the model.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AA - Filosofie a náboženství

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

E-Logos

ISSN

1211-0442

e-ISSN

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Svazek periodika

Neuveden

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

17

Strana od-do

1-20

Kód UT WoS článku

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EID výsledku v databázi Scopus

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