Subjectivism

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The Quarterly Journal of Austrian Economics

Transitivity: A Comment on Block and Barnett

SubjectivismValue and Exchange

07/30/2014Quarterly Journal of Austrian Economics
In response to Block and Barnett (2012), this paper clarifies some misunderstandings about the concept of transitivity and shows its relation to rationality, asynchronicity of choice
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qjae15_4_15.pdf

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The Quarterly Journal of Austrian Economics

Robust Political Economy and the Question of Motivations

Philosophy and MethodologySubjectivism

07/30/2014Quarterly Journal of Austrian Economics
Boettke, Leeson and Subrick (Boettke and Leeson 2004; Leeson and Subrick 2006) describe institutional robustness as the ability of a given system of social organization to stand up to the test
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qjae14_1_3.pdf

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The Quarterly Journal of Austrian Economics

A Note on Nozick's Problem

Business CyclesSubjectivismValue and Exchange

07/30/2014Quarterly Journal of Austrian Economics
This short note is a contribution to the solution of the problem of indifference in Austrian economics (“Nozick’s problem”). The problem is divided into two questions:
Formats

qjae14_2_7.pdf

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The Quarterly Journal of Austrian Economics

Review of The Austrian Subjectivist Theory of Interest: An Investigation into the History of Thought, by Ingo Pellengahr

Capital and Interest TheorySubjectivism

07/30/2014Quarterly Journal of Austrian Economics
Ingo Pellengahr’s doctoral dissertation, The Austrian Subjectivist Theory of Interest , focuses on one small aspect of these ongoing debates.
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qjae4_1_7.pdf

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The Quarterly Journal of Austrian Economics

Review of Thinking, Fast and Slow, by Daniel Kahneman

Philosophy and MethodologySubjectivism

07/30/2014Quarterly Journal of Austrian Economics
How rational are humans? Many important implications hinge on this seemingly innocuous question hinge, for not only economists, but all social scientists.
Formats

qjae15_3_5.pdf

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The Quarterly Journal of Austrian Economics

Choice and Indifference: A Critique of the Strict Preference Approach

SubjectivismValue and Exchange

07/30/2014Quarterly Journal of Austrian Economics
We examine the strict preference approach to the interpretation of human action and the assertion that a choice cannot be made between actions in which the actor is indifferent to the outcomes.
Formats

qjae13_1_4.pdf

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The Quarterly Journal of Austrian Economics

A Praxeological Assessment of Subjective Value

SubjectivismValue and Exchange

07/30/2014Quarterly Journal of Austrian Economics
This paper deals with the meaning and the limits of the subjective theory of value. Economists deploy this theory in such various areas as utility, marginalism, knowledge and expectations.
Formats

qjae14_2_4.pdf

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The Quarterly Journal of Austrian Economics

Review of Subjectivism and Economic Analysis: Essays in Memory of Ludwig M. Lachmann. Edited by Roger Kopp and Gary Mongiovi

BiographiesSubjectivism

07/30/2014Quarterly Journal of Austrian Economics
Though little known among the economics establishment during his lifetime, Ludwig M. Lachmann was always widely connected. The range of scholars whom he knew and with whom he communicated was truly impressive.
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qjae4_1_5.pdf

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The Quarterly Journal of Austrian Economics

Transitivity and the Money Pump

SubjectivismValue and Exchange

07/30/2014Quarterly Journal of Austrian Economics
Transitivity in economics maintains that if a is preferred to b , and b to c , then a must also be preferred to c.
Formats

qjae15_2_5.pdf

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The Quarterly Journal of Austrian Economics

The Modern Theory of Consumer Behavior: Ordinal or Cardinal?

SubjectivismValue and Exchange

07/30/2014Quarterly Journal of Austrian Economics
Neoclassical utility functions are an invalid means of analyzing consumer behavior for three reasons: first, and most important, because such functions, and their attendant rankings, are cardinal, not ordinal in nature;
Formats

qjae6_1_3.pdf

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