Consumer metaphysics : The neoclassicalists versus the intersubjectivists
Part of : Αρχείον οικονομικής ιστορίας ; Vol.VII, No.1-2, 1996, pages 53-74
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53-74
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Like any body of knowledge, any theory of consumer desire or theory of use-value rests on a set of metaphysical propositions. This paper traces the development of and makes explicit the philosophical presuppositions on which the Neoclassical assumption of independent demand functions for individual consumers stands or falls. A parallel analyses is then carried out for the presuppositions of the new Intersubjective Economics, whose consumer theory assumes that in an advanced economy there axists for many commodities an interdependency between individual demands. The essay includes a survey of some of the key Intersubjectivist works and an extensive bibliography of the same.
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