Behavioral Foundations for the Keynesian Consumption Function

This paper has two main goals. The first is to show that behavioral rather than maximizing principles emerge from textual analysis as the microeconomic foundations for Keynes’s Consumption Theory; the second goal is to demonstrate the possibility of grounding a Keynesian-type aggregate consumption function on the basis of (some of) the principles underlying contemporary behavioral models

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Year of publication:	2009
Authors:	D'Orlando, Fabio ; Sanfilippo, Eleonora
Publisher:	[S.l.] : SSRN
Subject:	Makroökonomische Konsumfunktion \| Aggregate consumption function \| Verhaltensökonomik \| Behavioral economics \| Konsumtheorie \| Consumption theory \| Keynesianismus \| Keynesian economics

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