The paper relates the microeconomic law of demand to the theories of empirical confirmation that are developed by Hempel and Popper, respectively. After restating the Hicksian basis of consumer theory and stressing that this theory has never subjected the law to a rigorous test, the paper analyzes Hildenbrand's novel contribution. In Market Demand (1994), Hildenbrand offers an original derivation of the law of demand to the market, with a view of making it eventually possible to test the law. The article shows that Hildenbrand's approach makes sense within a neo-Hempelian, as opposed to a Popperian, outlook on empirical confirmation, and it uses the case itself to argue for the former against the latter.L'article rapporte la loi microéconom...
This electronic version of the paper is published here with kind permission of the publishing house ...
The paper is based on the acknowledgement that properties of markets stemming from features of deman...
In this paper we assume that choice of commodities at the individual (household) level is made insid...
The paper relates the microeconomic law of demand to the theories of empirical confirmation that are...
The paper relates the microeconomic law of demand to the theories of empirical confirmation that are...
Abstract: The paper applies confirmation theory to a famous statement of economics, the law of deman...
My philosophical case study concerns textbook presentations of the theory of demand. Does this theor...
The problem of consumer demand in modern (micro)economic theory is that this theory contains a norma...
Aim of the article is to point at institutional implications of the consumer theory originated from ...
On falsmability of consumer theory In this paper, we consider some recent evolutions in consumer th...
This paper provides a thorough exploration of the microeconomic foundations for the multivariate lin...
We critically assess the representative consumer model that forms the foundation of a well-known cla...
By checking whether consumer demand satisfies the axioms of revealed preference, one can test the em...
A simple stylised model, that incorporates transaction costs, is developed. The Law of One Price (LO...
Graduate economics departments have largely abandoned the law of supply and demand (henceforth, The ...
This electronic version of the paper is published here with kind permission of the publishing house ...
The paper is based on the acknowledgement that properties of markets stemming from features of deman...
In this paper we assume that choice of commodities at the individual (household) level is made insid...
The paper relates the microeconomic law of demand to the theories of empirical confirmation that are...
The paper relates the microeconomic law of demand to the theories of empirical confirmation that are...
Abstract: The paper applies confirmation theory to a famous statement of economics, the law of deman...
My philosophical case study concerns textbook presentations of the theory of demand. Does this theor...
The problem of consumer demand in modern (micro)economic theory is that this theory contains a norma...
Aim of the article is to point at institutional implications of the consumer theory originated from ...
On falsmability of consumer theory In this paper, we consider some recent evolutions in consumer th...
This paper provides a thorough exploration of the microeconomic foundations for the multivariate lin...
We critically assess the representative consumer model that forms the foundation of a well-known cla...
By checking whether consumer demand satisfies the axioms of revealed preference, one can test the em...
A simple stylised model, that incorporates transaction costs, is developed. The Law of One Price (LO...
Graduate economics departments have largely abandoned the law of supply and demand (henceforth, The ...
This electronic version of the paper is published here with kind permission of the publishing house ...
The paper is based on the acknowledgement that properties of markets stemming from features of deman...
In this paper we assume that choice of commodities at the individual (household) level is made insid...