The Limits of Choice
€69.90
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Product Information
| ISBN | 9783593399164 |
|---|---|
| Publisher | Campus Verlag |
| Price (excl. tax) | €65.94 |
| Tax | €3.96 |
| Price (incl. tax) | €69.90 |
| Availability | 1 unit in external warehouse |
Product Description
Arguing against the hypothesis that assumes consumers optimize their consumption intertemporally based on their permanent or lifetime income, this title proposes a rule of thumb according to which consumers can save if their income exceeds basic expenditure, while they can demand credit when income can no longer meet basic needs.