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The homo economicus under experimental attack

Schlicht, Ekkehart - 2020

For non-economists, it is often difficult to understand why economists place so much emphasis on the self-interest motive. It is obvious that people act out of a variety of motives - gratitude, anger, social obligation and many, many other motives. There are several reasons why economists still...

Persistent link: https://www.econbiz.de/10012425266

Behavioral public choice : a survey

Schnellenbach, Jan; Schubert, Christian - 2014

Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional …

Persistent link: https://www.econbiz.de/10010238281

Behavioral political economy : a survey

Schnellenbach, Jan; Schubert, Christian - 2014

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...

Persistent link: https://www.econbiz.de/10010412852

Electoral competition with rationally inattentive voters

Matĕjka, Filip; Tabellini, Guido Enrico - 2016 - This version: January 2016

How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions by developing a model of electoral competition with rationally inattentive voters. Rational inattention...

Persistent link: https://www.econbiz.de/10011451105

Rationalization of Indecisive Choice Behavior By Pluralist Ballots

Alcantud, José Carlos R.; Cantone, Domenico Aldo; … - 2023

selected. We describe a bounded rationality model for extensive choices, which relies on a pluralist paradigm. An extensive …

Persistent link: https://www.econbiz.de/10014353633

Rationalization of Indecisive Choice Behavior by Majoritarian Ballots

Alcantud, José Carlos R.; Cantone, Domenico Aldo; … - 2022

We describe a model that explains possibly indecisive choice behavior, that is, quasi-choices (choice correspondences that may be empty on some menus). The justification is here provided by a proportion of ballots, which are quasi-choices rationalizable by an arbitrary binary relation. We call a...

Persistent link: https://www.econbiz.de/10014241599

Institutions for intuitive man

Engel, Christoph (contributor) - 2007

Persistent link: https://www.econbiz.de/10003591232

A multiplicity of approaches to institutional analysis : applications to the government and the arts

Frey, Bruno S. - 2009

Four types of economicsʺ relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...

Persistent link: https://www.econbiz.de/10003872188

A multiplicity of approaches to institutional analysis : applications to the government and the arts

Frey, Bruno S. - 2009

Persistent link: https://www.econbiz.de/10003874643

Evolutionary economics and household behavior

Horioka, Charles - 2014

This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the … neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …

Persistent link: https://www.econbiz.de/10010390070

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