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Transitivity: A Comment on Block and Barnett
Quarterly Journal of Austrian Economics
Author: Marek Hudík
Online Publish Date:
Category: Subjectivism, Value and Exchange
Volume 15, Number 4 (Winter 2012) In response to Block and Barnett (2012), this paper clarifies some misunderstandings about the concept of transitivity and shows its relation to rationality,  asynchronicity  of choice, and indifference analysis. It is demonstrated that Block and Barnett, contrary to their self-interpretation, do not in fact
A Note on Nozick’s Problem
Quarterly Journal of Austrian Economics
Author: Marek Hudík
Online Publish Date:
Category: Business Cycles, Subjectivism, Value and Exchange
Volume 14, Number 2; Summer 2011   This short note is a contribution to the solutio n of the problem of indifference in Austrian economics ( “Nozick’s  problem”). The problem is divided into two questions: (i) Can the stock of a commodity be defined without a reference to indifference? (ii) What is the  praxeological  interpretation of the fact