1st Edition

Consumption Takes Time
Implications for Economic Theory

ISBN 9780415250993
Published March 29, 2001 by Routledge
180 Pages

USD $205.00

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Book Description

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.

Table of Contents

1. Consumption takes time
2. Zurück Zu Gossen
3. Further explanatory analysis
4. Welfare economics
5. Activities rather than wants

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