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Consumption Takes Time

Consumption Takes Time

Implications for Economic Theory

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Standard economic theory of consumer behaviour 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 centre stage in this book.

Informations bibliographiques

août 2006, 180 pages, The Graz Schumpeter Lectures, Anglais
Taylor and Francis
978-0-415-40638-3

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