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DC Field | Value | Language |
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dc.date.accessioned | 2019-01-18T09:18:19Z | - |
dc.date.available | 2019-01-18T09:18:19Z | - |
dc.date.issued | 1962 | - |
dc.identifier.citation | Cirillo, R. (1962). Pareto's contribution to utility theory. Journal of the Faculty of Arts, 2(2), 128-131. | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar//handle/123456789/38652 | - |
dc.description.abstract | Vilfredo Pareto's contribution to modem economic theory is today universally recognized, but to my mind his particular contribution to utility theory is not sufficiently understood. In the following paragraphs I intend to give an assessment and evaluation of Paretian thought on this important topic. It seems that Pareto' s contribution to utility theory originated as a reaction to the attitude of Walras and the Austrian School of.Economists to this same theory. The latter thought that utility theory, as they understood it, was a sort of ultimate truth, a key to all the secrets of pure economics. Consequently they placed such an emphasis on it that they induced Pareto and the Paretians to do their best to demolish it. Such was their eagerness that some even held that this departure constituted Pareto's main contribution to economic theory. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | University of Malta. Faculty of Arts | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Utility theory | en_GB |
dc.subject | Pareto, Vilfredo, 1848-1923. Manual of political economy | en_GB |
dc.subject | Value | en_GB |
dc.title | Pareto's contribution to utility theory | en_GB |
dc.type | article | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.description.reviewed | N/A | en_GB |
dc.publication.title | Journal of the Faculty of Arts | en_GB |
dc.contributor.creator | Cirillo, Renato | - |
Appears in Collections: | Journal of the Faculty of Arts, Volume 2, Issue 2 Journal of the Faculty of Arts, Volume 2, Issue 2 |
Files in This Item:
File | Description | Size | Format | |
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JFA,_2(2)_-_A4.pdf | 209.03 kB | Adobe PDF | View/Open |
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