How mindless is standard economics really?

Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is incomplete. That is, it has content that can not be revealed with any general choice procedure.

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Year of publication:	2009
Authors:	Schipper, Burkhard C.
Publisher:	Davis, CA : University of California, Department of Economics
Subject:	revealed preference \| theory of choice \| neuroeconomics \| non-choice evidence \| machines

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Series:	Working Paper ; 09-17
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	612514102 [GVK] hdl:10419/58401 [Handle]
Classification:	A12 - Relation of Economics to Other Disciplines ; B41 - Economic Methodology ; C80 - Data Collection and Data Estimation Methodology; Computer Programs. General ; C90 - Design of Experiments. General ; D60 - Welfare Economics. General ; D80 - Information and Uncertainty. General ; D87 - Neuroeconomics
Source:	EconStor

Persistent link: https://www.econbiz.de/10010282111