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Deconstructing Behavior, Choice, and Well-Being

Deconstructing Behavior, Choice, and Well-Being

Neoclassical Choice Theory and Welfare Economics

by Edward R. Morey
Hardback
Publication Date: 04/11/2023

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As individuals, we all exhibit behavior, whether we're working, texting, kissing, or buying M&Ms. Many of us are aware of our actions and perceive most of them as chosen. But, do you ever wonder why you do what you do rather than something else? How much do you really choose? Are you acting in your own best interest? This book interrogates these questions, focusing on the ways economists model behavior.


Many who model behavior also want to judge it. Most such economists adopt the ethics of welfare economics: increasing the well-being of society's members is right and decreasing it is wrong. Regular people and moral philosophers reject this criterion, and welfare economists can't fathom why. This book considers well-being, or its absence, in other ethics, including Mill's liberalism, Adam Smith's virtue ethics, duty-based ethics, God's rules, Buddhist ethics, and the ways in which people judge right from wrong.

ISBN:
9783031367113
9783031367113
Category:
Economic theory & philosophy
Format:
Hardback
Publication Date:
04-11-2023
Language:
English
Publisher:
Palgrave Macmillan
Country of origin:
United States
Dimensions (mm):
210x148mm
Weight:
0.75kg

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