Abstract
t. Following Jaffe's 1976 argument, the effort to de-homogenize Jevons, Walras, and Menger may have obscured some key similarities be tween Jevons and Menger. The article argues that Jevons's view of human behavior is more complex than has been allowed, and has much in com- mon with Menger's predisposition for process, uncertainty, mistakes, and the significance of time in decision making. Some of the key features of the Mengerian economic being, features that have often been used to por- tray him as the "odd man out" among the triumvirate, also characterize Jevons's decision makers. For both Menger and Jevons, the decision maker is plagued by error, indecision, and information
Document Type
Restricted Article: Campus only access
Publication Date
7-1998
Publisher Statement
Copyright © 1998, American Journal of Economics and Sociology, Inc.
The definitive version is available at: https://www.jstor.org/stable/3487169
Recommended Citation
Jevons and Menger Rehomogenized: Jaffé After 20 Years, American Journal of Economics and Sociology 57 (1998): 307-26, with invited replies by R. F. Hébert, P. Fontaine and F. Comim. https://www.jstor.org/stable/3487169
