The Joyless Economy (Revised Edition): The Psychology of Human Satisfaction - Softcover

Scitovsky, Tibor

Softcover

ISBN 10: 0195073479 ISBN 13: 9780195073478

Publisher: Oxford University Press USA, 1976

Synopsis

His first four chapters present what remains one of the most artful and accessible summaries of what psychologists know about human motivation. Economists will learn that the concept of utility in economic models corresponds to the psychologist's notion of comfort; and they will see substantial evidence against the idea that people are comfort maximizers.

About this title

Review:

"Magnificent....A book one absolutely has to read."--Jagdish Bhagwati, Columbia University "An original and profound critique of American culture."--Kenneth J. Arrow, Stanford University "A brilliant contribution to welfare economics."--The Economist "An intriguing book--some novel perspectives and insights on satisfaction which have stimulated some research hypotheses and directions I hope to follow up on in the consumer behaviour area."--Kenneth R. Lord, SUNY, Buffalo "Stimulating and imaginative."--The New Statesman

Synopsis:

Originally published in 1976, this work attempted to establish the legitimacy of understanding economic behaviour in psychological terms. This revised edition stresses the fact that economic abundance does not necessarily lead to satisfaction, and includes new material on contemporary applications.

About this edition

• Publisher: Oxford University Press USA
• Publication date: 1976
• ISBN 10: 0195073479
• ISBN 13: 9780195073478
• Binding: Paperback
• Number of pages: 352