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dc.contributor.authorRizza, Maria Olivella
dc.date.accessioned2015-02-02T11:38:27Z
dc.date.available2015-02-02T11:38:27Z
dc.date.issued2008
dc.identifier.citationRizza, M. O. (2008). “Gunnar Myrdal’s critiques of utility theory. Some implications”. DISES Working Papers 3.197, Università degli Studi di Salerno, Dipartimento di Scienze Economiche e Statistiche.en_US
dc.identifier.issn1971-3029en_US
dc.identifier.urihttp://hdl.handle.net/10556/1658
dc.identifier.urihttp://dx.doi.org/10.14273/unisa-462
dc.description.abstractThis essay provides an ordered review of all the criticisms to the marginalist theory of utility contained in The Political Element of Gunnar Myrdal. Firstly, Myrdal’s criticises the marginalist hypothesis on human behaviour (human beings are attracted by pleasure and repelled by pain), arguing that it is an interpretation which precedes observation, and seeks to demonstrate its groundlessness by drawing on advances in psychology. Also, in Myrdal’s opinion, the theory of value based on utility is affected by a circularity of reasoning and contains an untenable assumption on the continuity of psychological functions and on rationality. Myrdal, also because of these criticisms, developed a distinctive view of economic science close to that of classical economists, and anticipated the analytical risks that the discipline might incur if it failed to allow for the contributions of other social sciencesen_US
dc.format.extent32 p.en_US
dc.language.isoenen_US
dc.relation.ispartofWorking Papers ; 3.197en_US
dc.sourceUniSa. Sistema Bibliotecario di Ateneoen_US
dc.subjectUtility theoryen_US
dc.subjectHistory of ideasen_US
dc.subjectInstitutional economicsen_US
dc.subjectGunnar Myrdalen_US
dc.titleGunnar Myrdale's critiques of utility theory. Some implicationsen_US
dc.typeWorking Paperen_US
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