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Subject:
HES: QUERY -- canonical labour supply model
From:
[log in to unmask] (Mathew Forstater)
Date:
Fri Mar 31 17:19:10 2006
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----------------- HES POSTING ----------------- 
 
Jevons' The Theory of Political Economy, ch. (5?) on Labor, definitely  
describes labor supply as determined by the calculus of pain and  
pleasure, but I don't recall leisure being explicitly discussed.  It was  
more the pain (disutility) of labor vs. the benefits to be had as a result  
of labor. Non-labor is implicitly an absence or avoidance of pain  
associated with labor. 
 
Mat Forstater 
 
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