Ordre lexicographique, besoins et préférences dans l'œuvre de Georgescu-Roegen
Hubert Stahn
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Hubert Stahn: GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique
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Abstract:
In his paper entitled "Choice, Expectation and Measurability" Nicholas Georgescu-Roegen severely attacked the utility theory by rejecting systematically the so-called Archimedian axiom. His argument strongly relied on the use of lexicographic ordering. However he did not bring the argument to terms. The purpose of this paper is therefore to follow GeorgescuRoegen's argumentation in order to understand why he did not make use of the growing mathematical lattice theory and to see how his attack can be improved by the use of this approach.
Date: 2006-03-01
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Published in Cahiers d'Economie Politique = Papers in political economy, 2006, 50, pp.137-154. ⟨10.3917/cep.050.0137⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05268026
DOI: 10.3917/cep.050.0137
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