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Inhalt
Standard economic theory of consumer behavior considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more--or less--than 168 hours per week. This simple fact is almost invisible in standard theory, and takes the center stage in this book.
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Schlagworte
Inhalt
Standard economic theory of consumer behavior considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more--or less--than 168 hours per week. This simple fact is almost invisible in standard theory, and takes the center stage in this book.