Moscati, Ivan

Measuring Utility : From the Marginal Revolution to Behavioral Economics Ivan Moscati - New York Oxford University Press 2019 - 326 Pages 23x15 cm PB

Include Index and References

Since the marginal revolution of the 1870s, the economic theory of decision-making has been based on the notion of utility. Utility, however, is not measurable. This book reconstructs economists' struggles with issues related to utility measurement from the 1870s to the beginning of behavioral economics in the mid-1980s.

9780199372775


Utility theory
Economics

330.157

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