COVID-19 Update: We are currently shipping orders daily. However, due to transit disruptions in some geographies, deliveries may be delayed. To provide all customers with timely access to content, we are offering 50% off Science and Technology Print & eBook bundle options. Terms & conditions.
The Microeconomics of Wellbeing and Sustainability - 1st Edition - ISBN: 9780128160275, 9780128162927

The Microeconomics of Wellbeing and Sustainability

1st Edition

Recasting the Economic Process

Authors: Leonardo Becchetti Luigino Bruni Stefano Zamagni
eBook ISBN: 9780128162927
Paperback ISBN: 9780128160275
Imprint: Academic Press
Published Date: 22nd October 2019
Page Count: 480
Sales tax will be calculated at check-out Price includes VAT/GST
Price includes VAT/GST

Institutional Subscription

Secure Checkout

Personal information is secured with SSL technology.

Free Shipping

Free global shipping
No minimum order.


The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative—not heterodox—view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges.

Key Features

  • Marries criticism of the neo-classical model with empirical work on the possibilities of alternative frameworks for action
  • Links new ideas (homo reciprocans, happiness, relational goods) to established microeconomic concepts (the market, perfect and imperfect competition, utility maximization)
  • Devotes specific attention to relevant elements in economic history, explaining how we evolved to the current paradigm and to its challenge


Upper-division undergraduates and graduate students studying microeconomics and sustainable economics. Professionals who need information about sustainable economics and more generally about current and future economic conditions

Table of Contents

1. Economics: What Does It Study, with Which Method, How It Evolved
2. The Market
3. The Theory of Consumption
4. Theory of Production Decisions
5. The Perfectly Competitive Market
6. Non-Competitive Markets and Game Theory Elements
7. New Theories of the Enterprise
8. The Well-Being Economics According to Utilitarianism
9. The Theory of Homo reciprocans
10. Not Only for Profit: Civil Enterprises and Ideal Motive Organizations
11. The Social Responsibility of the Company
12. Happiness, Relational Goods, Civil Progress
13. Growth and Environment in the Era of Globalisation
Epilogue: From Homo oeconomicus to Civil Animal


No. of pages:
© Academic Press 2019
22nd October 2019
Academic Press
eBook ISBN:
Paperback ISBN:

About the Authors

Leonardo Becchetti

Leonardo Becchetti

Leonardo Becchetti is professor of Economics and Director of the Master in Development Economics and International Cooperation at the University of Rome “Tor Vergata”. He is among the first 100 authors in the RePEc world ranking for number of journal pages published and “betweenness”, an indicator that measures the degree of proximity among registered authors in the world network. His main research topics are behavioural economics, social capital and social norms, economics of happiness, corporate social responsibility growth and economic wellbeing.

Affiliations and Expertise

Universita degli Studi di Roma "Tor Vergata," Italy

Luigino Bruni

Luigino Bruni

Luigino Bruni is Professor of Economics at University LUMSA in Rome and Professor of Civil Economy at the University Institute Sophia (Loppiano). He is Editor-in-Chief of the International Review of Economics and a member of the editorial board of the Review of Social Economy and the International Journal of Happiness and Development. His research concentrates on topics related to ethics and philosophy in economics and more generally rational choice, trust, social capital, and evolutionary game theory.

Affiliations and Expertise

University LUMSA, Rome, Italy

Stefano Zamagni

Stefano Zamagni

Stefano Zamagni is Vice Director for Italian Affairs for the School of Advanced International Studies Europe and a Senior Adjunct Professor of International Economics. He is also Professor of Economics and former dean of the economics faculty at the University of Bologna. Among his other appointments are Member of the Pontifical Academy of Social Sciences, Vatican City; Presidente Onorario, Fondazione Italia per il Dono (Milano); member of the board of LUMSA Università, Rome; and member of the scientific board of the doctoral program in economics at the Catholic University of Argentina.

Affiliations and Expertise

School of Advanced International Studies, Johns Hopkins University, Bologna, Italy

Ratings and Reviews