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Finance Behind the Veil of Money: Response to Dr. Braun’s Comment

David Howden

MPRA Paper from University Library of Munich, Germany

Abstract: What is the relationship between opportunity cost, choice and action? In my review of Eduard Braun´s Finance Behind the Veil of Money (2014), I took exception with his view that opportunity costs are not only unnecessary, but even detrimental to understand decision making. The most substantial difference between our views comes from Braun´s treatment of the relationship between opportunity cost and choice.

Keywords: opportunity; cost (search for similar items in EconPapers)
JEL-codes: A1 D0 D00 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-hpe and nep-pay
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Citations: View citations in EconPapers (1)

Published in Quarterly Journal of Austrian Economics 19.1(2016): pp. 124-128

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