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Consumption Takes Time : Implications for Economic Theory, Paperback / softback Book

Consumption Takes Time : Implications for Economic Theory Paperback / softback

Part of the The Graz Schumpeter Lectures series

Paperback / softback

Out of stock

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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.

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