The Community of Advantage: A Behavioural Economist's Defence of the Market

by Robert Sugden

The Community of Advantage asks how economists should do normative analysis. The growing consensus in favour of paternalism and 'nudging' has urged normative analysis towards the satisfaction of individual's preferences. Its conclusions have supported a long-standing liberal tradition of economics that values economic freedom and views markets favourably. However, behavioural research shows that individuals' preferences, as revealed in choices, are...

• Format: Hardcover
• Language: English
• ISBN: 0198825145
• ISBN13: 9780198825142
• Release Date: September 2018
• Publisher: Oxford University Press
• Length: 352 Pages
• Weight: 1.55 lbs.
• Dimensions: 1.1" x 5.9" x 9.3"