Free Download Arguing About Tastes: Modeling How Context and Experience Change Economic Preferences (Kenneth J. Arrow Lecture Series) by David Kreps
English | November 28th, 2023 | ISBN: 0231209916, 0231209908 | 216 pages | True EPUB | 1.00 MB
Mainstream economics considers individual preferences to be fixed and unchanging. Although psychologists and other social scientists explore how tastes are formed, influenced, and evolve, it is not considered "proper" in orthodox economics to do so. Arguing About Tastes makes the case that economists should abandon the principle that preferences are fixed and instead incorporate into their work how context and experience shape individual tastes.
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