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Consumption Takes Time - Implications for Economic Theory (Hardcover, New) Loot Price: R4,472
Discovery Miles 44 720
Consumption Takes Time - Implications for Economic Theory (Hardcover, New): Ian Steedman

Consumption Takes Time - Implications for Economic Theory (Hardcover, New)

Ian Steedman

Series: The Graz Schumpeter Lectures

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Loot Price R4,472 Discovery Miles 44 720 | Repayment Terms: R419 pm x 12*

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Contents:
1. Consumption takes time
Textbook consumption theory Brief references to some literature Time as a context Two commodity case Three commodity case Non-linear time constraint Rates of consumption Satiation and general equilibrium Work, consumption and 'leisure' times Concluding remarks
2. Zurück Zu Gossen
Gossen on the uses of time Selected responses to Gossen's gem Georgescu-Roegen on Gossen Forgetting the forefather? Comparative statics Comparative statics of alternative preferences Many time-uses Concluding remarks
3. Further explanatory analysis
The basic case and its simplification Further discussion Preference loops on the time-constraint plane The expenditure function A specific expenditure function Comparative statics of time-use Cobb-Douglas preference loops From time use to commodity use Other forms of the C matrix Demand relations in commodity space Rates of consumption (and characterization of choices) Availability without consumption Non-linearities and non-convex consumption sets Intertemporal consumption theory Work and leisure Concluding remarks
4. Welfare economics
The basic case Rates of consumption Availability Pure leisure time Pareto efficiency and competitive equilibria Three commodities Liberal welfare economics Capabilities Concluding remarks
5. Activities rather than wants
A generalization Risk and uncertainty Space, location and travel Intrinsically-valued and result-valued activities Doing two things at once Repetition and Gossen's second law Practicing Set-up-times Sleep Endogenous T Voluntary work and charitable donations Shared activity Time-use surveys Some broader considerations 'Time, that most valuable health' (Alfred Marshall, 1873) Decision-making Satiable preferences Wider still

General

Imprint: Routledge
Country of origin: United Kingdom
Series: The Graz Schumpeter Lectures
Release date: March 2001
First published: 2001
Authors: Ian Steedman
Dimensions: 234 x 156 x 12mm (L x W x T)
Format: Hardcover
Pages: 176
Edition: New
ISBN-13: 978-0-415-25099-3
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Social sciences > Sociology, social studies > Social issues > Consumer issues
Books > Business & Economics > Economics > Labour economics > General
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LSN: 0-415-25099-4
Barcode: 9780415250993

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