Consumption Takes Time
Implications for Economic Theory| By: | Ian Steedman |
| Publisher: | Taylor & Francis |
| Print ISBN: | 9780415250993 |
| eText ISBN: | 9781134530847 |
| Edition: | 1 |
| Copyright: | 2001 |
| Format: | Reflowable |
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Standard economic theory of consumer behaviour considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more - or less - than 168 hours per week. This simple fact is almost invisible in standard theory, and takes the centre stage in this book. Whe