Artikel
The Irresistible Fetish of Utility Theory: From “Pleasure and Pain” to Rationalising Torture
This note briefly examines the path that the economics discipline has taken since adopting the assumption that human behaviour is exclusively driven by utility maximisation. This view has prevented the full comprehension of most economic phenomena and has spread to other social disciplines, occasionally leading to results either ridiculous or tragic, such as using utility theory to rationalise torture. Such academic absurdity must be ended.
- Language
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Englisch
- Bibliographic citation
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Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 51 ; Year: 2016 ; Issue: 5 ; Pages: 286-287 ; Heidelberg: Springer
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Dosi, Giovanni
Roventini, Andrea
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2016
- DOI
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doi:10.1007/s10272-016-0619-6
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Dosi, Giovanni
- Roventini, Andrea
- Springer
Time of origin
- 2016