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- Title
A NOTE ON BLOCK-HOPPE DEBATE ON INDIFFERENCE.
- Authors
WYSOCKI, IGOR
- Abstract
This paper addresses the debate on indifference within the remit of praxeology, as unfolded between Hoppe and Block. It argues that the whole controversy between the two authors stem from the fact that they conceive of choice differently. Simultaneously, there is an attempt made to sharpen the authors' respective positions and to scrutinize the implications thereof while confronting them with our common-parlance linguistic intuitions. In other words, the paper pretends to show what follows from both positions on what is chosen; that is, what sorts of elements does an opportunity set consists of (be it, as will be argued, psychologically and intensionally defined end-states or particular action-tokens). Finally, the paper is concluded by demonstrating relative merits of the Blockian position over the Hoppean one as the former appears to be closer to the letter of praxeology as such.
- Subjects
PRAXEOLOGY; CONSUMER preferences; HOPPE, Hans-Hermann; BLOCK, Walter E.; CONSUMER psychology
- Publication
Quarterly Journal of Austrian Economics, 2017, Vol 20, Issue 4, p360
- ISSN
1098-3708
- Publication type
Article