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The Khavruta: Philosophy of Economics

writing, discussing and spreading philosophy of economics in Israel

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Tag: choice theory

Posted on 16/07/2019

Revealed Preference Theory and Normative Economics: can preference indicate welfare?

The last post has briefly surveyed the methodological linkage between preferences and choice. The aim of this post – the 2nd in our posts on…

Continue reading → Revealed Preference Theory and Normative Economics: can preference indicate welfare?

Posted on 06/05/201906/05/2019

Revealed Preference Theory re-examined (1): Can preference indicate choice?

A well-known phenomenon with Ph.D. students is that they often push so hard on writing something new, that they forget the basics. A similar thing…

Continue reading → Revealed Preference Theory re-examined (1): Can preference indicate choice?

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