Description

This important research literature review discusses some of the most prominent literature in the field of individual choice and economic welfare. It analyses material exploring how economics as a scientific enterprise may inform political decision-making. The premise is explored paradigmatically through different interpretations including utility-individualism in the context of welfare economics, preference-individualism in social choice theory, and choice-individualism in constitutional economics. The review covers the foundational literature as well as contemporary pieces, which have sparked further discussion in the field. This review will be valuable to researchers and scholars alike as well as to all those gravitating towards this fascinating topic.

Individual Choice and Social Welfare: Theoretical Foundations of Political Economy: A Research Literature Review

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Paperback / softback by Viktor J. Vanberg

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This important research literature review discusses some of the most prominent literature in the field of individual choice and economic... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 02/12/2019
    ISBN13: 9781839100772, 978-1839100772
    ISBN10: 183910077X

    Number of Pages: 128

    Description

    This important research literature review discusses some of the most prominent literature in the field of individual choice and economic welfare. It analyses material exploring how economics as a scientific enterprise may inform political decision-making. The premise is explored paradigmatically through different interpretations including utility-individualism in the context of welfare economics, preference-individualism in social choice theory, and choice-individualism in constitutional economics. The review covers the foundational literature as well as contemporary pieces, which have sparked further discussion in the field. This review will be valuable to researchers and scholars alike as well as to all those gravitating towards this fascinating topic.

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