The Economics of Consumption: Economics of Decision Making in the Household

By Willard W. Cochrane; Carolyn Shaw Bell | Go to book overview

The Economics of Consumption
ECONOMICS OF DECISION MAKING IN THE HOUSEHOLD

WILLARD W. COCHRANE Department of Agricultural Economics University of Minnesota

CAROLYN SHAW BELL
Department of Economics Wellesley College

McGRAW-HILL BOOK COMPANY, INC. New York· Toronto · London · 1956

-iii-

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The Economics of Consumption: Economics of Decision Making in the Household
Table of contents

Table of contents

  • Title Page iii
  • Preface v
  • Contents vii
  • Part One - Introduction 1
  • 1.What is Consumption Economics? 3
  • References 12
  • 2. Some Basic Concepts 13
  • References 32
  • 3. the Economic System: Purpose, Organization, and Performance 33
  • References 59
  • 4. the Consumer in the Economy 60
  • References 75
  • Part Two - The Theory of Consumer Behavior 77
  • 5. the Central Problem of Choice 79
  • References 94
  • 6. the Utility Solution 95
  • References. 117
  • 7. the Indiference Solution 118
  • References 134
  • 8. an Appraisal of the Theory of Consumer Behavior 135
  • References 145
  • 9. Some Developments in the Theory of Consumer Behavior 146
  • References 162
  • 10. the Use of Consumption Minima 163
  • References 182
  • Part Three - The Expenditure Approach to Consumer Behavior 183
  • 11. the Development of Empirical Investigations 185
  • References 203
  • 12. Household Expenditure Relationships 204
  • References 232
  • 13. Commodity Expenditure Relationships 233
  • References 255
  • 14. Consumption, Production, and Income 256
  • References 283
  • 15. Consumption and Economic Stability 284
  • References 297
  • Part Four - The Consumer in the Market 299
  • 16. the Derivation of Consumer Demand 301
  • References 313
  • 17. Market Demand: Determinants, Elasticiy, and Statistical Measures 314
  • References 338
  • 18. the Role of Demand in Price Formation 339
  • References 356
  • 19. Business and Pricing Practices in the Market 357
  • References 378
  • 20. Nonprice Factors in Choice Decisions 379
  • References 392
  • 21. the Consumer and the Retailer 393
  • References 408
  • 22. the Consumer Information Problem 410
  • References 418
  • 23. Government Programs and the Consumer 420
  • References 431
  • Part Five - The Consumer Outside the Market 433
  • 24. Collective Consumption 435
  • References 456
  • 25. Economic Policy and the Consumer 457
  • References 470
  • Index 471
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