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dc.contributor.authorRuprecht, Wilhelmen_US
dc.date.accessioned2005-10-26en_US
dc.date.accessioned2010-05-14T11:16:42Z-
dc.date.available2010-05-14T11:16:42Z-
dc.date.issued2005en_US
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_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 0511en_US
dc.subject.jelA12en_US
dc.subject.jelB25en_US
dc.subject.jelB52en_US
dc.subject.jelB53en_US
dc.subject.jelD11en_US
dc.subject.jelD83en_US
dc.subject.ddc330en_US
dc.subject.keywordAustrian economicsen_US
dc.subject.keywordevolutionary economicsen_US
dc.subject.keywordconsumer theoryen_US
dc.subject.keywordlearningen_US
dc.subject.stwKonsumguten_US
dc.subject.stwKonsumtheorieen_US
dc.subject.stwKonsumentenverhaltenen_US
dc.subject.stwEvolutionsökonomiken_US
dc.titleFrom Carl Menger's theory of goods to an evolutionary approach to consumer behaviouren_US
dc.typeWorking Paperen_US
dc.identifier.ppn501720308en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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