Abstract
Psychologist A. H. Maslow argued that basic human needs can be specified with reasonable clarity and can be ranked according to their importance in providing motivation and influencing behavior.1 Embedded in Maslow’s hierarchy of needs is a theory of human behavior that is to some degree foreign to the economist’s way of thinking. In this chapter, we outline Maslow’s system so that we may be able to use it for comparative purposes.
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© 2012 Springer-Verlag Berlin Heidelberg
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McKenzie, R.B., Tullock, G. (2012). Maslow’s Hierarchy of Needs and Economist’s Demand. In: The New World of Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-27364-3_3
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DOI: https://doi.org/10.1007/978-3-642-27364-3_3
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-27363-6
Online ISBN: 978-3-642-27364-3
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