Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/31846 
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dc.contributor.authorRuprecht, Wilhelmen
dc.date.accessioned2005-10-26-
dc.date.accessioned2010-05-14T11:16:42Z-
dc.date.available2010-05-14T11:16:42Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/31846-
dc.description.abstractA characteristic feature of economic development is the ever changing structure of consumption patterns. Reducing the explanation of this phenomenon to changing prices, finally caused by changes in the availability of goods (or characteristics), would neglect a major force driving this change, i.e. the variation of consumer wants and consumer knowledge. The present paper aims at sketching an evolutionary framework for the analysis of consumer behaviour that takes account of these features. For this purpose, Carl Menger's theory of goods is taken as a starting point. Whereas economists after the 'marginalistic revolution' were almost exclusively concerned with the determinants of exchange value and developing price theory, Menger puts as much emphasis on the user value as on the exchange value. Regarding the way of how user value changes a connection between Menger's 19th century theory of goods and 20th century learning theories is established. The problem of how to get from individual learning processes to aggregate consumption patterns is approached by recollecting the genetic underpinnings of human learning and its contingency on certain physical and social conditions. Taking into account that these conditions are dynamic, the presented approach allows interpreting collective learning processes as historical events and makes them fruitful for the analysis of economic change.en
dc.language.isoengen
dc.publisher|aMax Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aPapers on Economics and Evolution |x0511en
dc.subject.jelA12en
dc.subject.jelB25en
dc.subject.jelB52en
dc.subject.jelB53en
dc.subject.jelD11en
dc.subject.jelD83en
dc.subject.ddc330en
dc.subject.keywordAustrian economicsen
dc.subject.keywordevolutionary economicsen
dc.subject.keywordconsumer theoryen
dc.subject.keywordlearningen
dc.subject.stwKonsumguten
dc.subject.stwKonsumtheorieen
dc.subject.stwKonsumentenverhaltenen
dc.subject.stwEvolutionsökonomiken
dc.titleFrom Carl Menger's theory of goods to an evolutionary approach to consumer behaviour-
dc.typeWorking Paperen
dc.identifier.ppn501720308en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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