Chapter 2: Theory of the choice
The objective of this chapter is to present how economic agents take their decisions in a post-Keynesian world. Since most of these decisions are set within a world of uncertainty, a concept that post-Keynesians have been keen to underline, the notion of uncertainty will be defined with care. Furthermore, although post-Keynesians have an organic view of the world, we shall pay a great deal of attention to the rationality underlying the actions of economic agents. Finally we shall deal with the much-neglected issue of consumer choice, about which we shall discover that, somewhat surprisingly, post-Keynesians hold a common view.
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