The Rational Consumer brings together eight articles that represent key points in the development of Robert Hall's ideas on consumption over the past two decade

In The Economics of Consumption, Tullio Jappelli and Luigi Pistaferri provide a comprehensive examination of the most important developments in the field of con

Standard economic theory of consumer behaviour considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. Howev

While the theory of demand—that consumers buy more as prices fall and buy less as they rise—is decidedly uncontroversial in mainstream economics, the absenc