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Choice Objects and Choice Opportunities

In: Microeconomic Theory for the Social Sciences

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  • Takashi Hayashi

    (University of Glasgow)

Abstract

The method (not substantive contents conveyed by it) covered in this book can be applied to general kinds of spheres of society, not only to individual and material consumptions. It allows for example that one’s consumption may affect other ones’ consumptions (externality), and that there may be a good which many people can use at the same time (public good).

Suggested Citation

  • Takashi Hayashi, 2021. "Choice Objects and Choice Opportunities," Springer Books, in: Microeconomic Theory for the Social Sciences, chapter 0, pages 19-31, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-3541-0_2
    DOI: 10.1007/978-981-16-3541-0_2
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