Journal of Economic Literature
ISSN 0022-0515 (Print) | ISSN 2328-8175 (Online)
A Review of Robert Sugden's Community of Advantage
Journal of Economic Literature
vol. 60,
no. 1, March 2022
(pp. 233–55)
Abstract
In his book, The Community of Advantage: A Behavioural Economist's Defence of the Market, Robert Sugden says that people should be left alone to do what they want. We interpret his reasons for saying so and try to unify them. The unification uses simple economic models. When we fail to unify, we explain why. Open problems emerge. If Sugden's passion for his subject won't motivate the reader to pursue these problems, what will?Citation
Harless, Patrick, and Romans Pancs. 2022. "A Review of Robert Sugden's Community of Advantage." Journal of Economic Literature, 60 (1): 233–55. DOI: 10.1257/jel.20201621Additional Materials
JEL Classification
- C71 Cooperative Games
- C72 Noncooperative Games
- D60 Welfare Economics: General
- D71 Social Choice; Clubs; Committees; Associations
- D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- I31 General Welfare; Well-Being