Consumption Choices and Time Use: History, Theory and Potential Empirical Evidence
Prompted by the English translation of H.H. Gossen’s The Laws of Human Relations and the Rules of Human Action Derived Therefrom (1983) edited by Georgescu Roegen, a new approach to consumption theory emphasizes the fundamental role of time in individual economic behavior. The paper highlights the...
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Online Access: | http://journals.openedition.org/oeconomia/2708 |
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doaj-43065ddaaf454d6a91ff624349a5e72b2020-11-25T00:45:59ZengAssociation ŒconomiaŒconomia2113-52072269-84502017-06-017221923810.4000/oeconomia.2708Consumption Choices and Time Use: History, Theory and Potential Empirical EvidenceSergio NisticòPrompted by the English translation of H.H. Gossen’s The Laws of Human Relations and the Rules of Human Action Derived Therefrom (1983) edited by Georgescu Roegen, a new approach to consumption theory emphasizes the fundamental role of time in individual economic behavior. The paper highlights the analytical and methodological differences between the standard treatment of time as ‘foregone earnings’ à la Becker and the role of time in the new approach, whose relevance can also be assessed in the light of the data to be collected in a time-use and consumption expenditure survey.http://journals.openedition.org/oeconomia/2708choiceconsumptiontime-use surveys |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Sergio Nisticò |
spellingShingle |
Sergio Nisticò Consumption Choices and Time Use: History, Theory and Potential Empirical Evidence Œconomia choice consumption time-use surveys |
author_facet |
Sergio Nisticò |
author_sort |
Sergio Nisticò |
title |
Consumption Choices and Time Use: History, Theory and Potential Empirical Evidence |
title_short |
Consumption Choices and Time Use: History, Theory and Potential Empirical Evidence |
title_full |
Consumption Choices and Time Use: History, Theory and Potential Empirical Evidence |
title_fullStr |
Consumption Choices and Time Use: History, Theory and Potential Empirical Evidence |
title_full_unstemmed |
Consumption Choices and Time Use: History, Theory and Potential Empirical Evidence |
title_sort |
consumption choices and time use: history, theory and potential empirical evidence |
publisher |
Association Œconomia |
series |
Œconomia |
issn |
2113-5207 2269-8450 |
publishDate |
2017-06-01 |
description |
Prompted by the English translation of H.H. Gossen’s The Laws of Human Relations and the Rules of Human Action Derived Therefrom (1983) edited by Georgescu Roegen, a new approach to consumption theory emphasizes the fundamental role of time in individual economic behavior. The paper highlights the analytical and methodological differences between the standard treatment of time as ‘foregone earnings’ à la Becker and the role of time in the new approach, whose relevance can also be assessed in the light of the data to be collected in a time-use and consumption expenditure survey. |
topic |
choice consumption time-use surveys |
url |
http://journals.openedition.org/oeconomia/2708 |
work_keys_str_mv |
AT sergionistico consumptionchoicesandtimeusehistorytheoryandpotentialempiricalevidence |
_version_ |
1725267615374376960 |