Microeconomics

Alan G. Futerman () and Walter E. Block ()
Additional contact information
Alan G. Futerman: University of the Latin American Educational Center
Walter E. Block: Loyola University New Orleans

Chapter Chapter 2 in The Austro-Libertarian Point of View, 2021, pp 33-59 from Springer

Abstract: Abstract In this chapter we analyze neoclassical concepts such as utility maximization and indifference, in order to identify their difficulties in explaining consumer choice. Thus, we study the process of human action itself, and the problems of indifference analysis. We provide a critique of the neoclassical view of consumer choice and contrast it with the Austrian approach.

Keywords: Neoclassical economics; Consumers; Choice; Utility; Perfect information; D11 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-4691-1_2

Ordering information: This item can be ordered from
http://www.springer.com/9789811646911

DOI: 10.1007/978-981-16-4691-1_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().