Vol. 6 of The Collected Works. A short work in which Buchanan develops his ideas on opportunity cost. He takes an individualist and subjectivist perspective and attempts to integrate this into the orthodox classical and neoclassical framework.
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The Collected Works of James M. Buchanan, Foreword by Geoffrey Brennan, Hartmut Kliemt, and Robert D. Tollison, 20 vols. (Indianapolis: Liberty Fund, 1999-2002). Vol. 6 Cost and Choice: An Inquiry in Economic Theory.
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