Rothbard (1956/2011) Toward a Reconstruction of Utility and Welfare Economics

gist
行動選択から選好を導く実証された選好を定義し、自発的交換の厚生増大を証明した論文


Verbatim Quotes

  • Section II ‘Demonstrated Preference’, p. 225 (1956) / p. 289 (2011):

    “The concept of demonstrated preference is simply this: that actual choice reveals, or demonstrates, a man’s preferences; that is, that his preferences are deducible from what he has chosen in action.”


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