This paper develops a positive analysis of stable group formation, highlighting the role of conflict management within groups. The analysis is based on a model of sequential conflict, starting with a "winner- take-all" contest for control of some resource. When a group forms, members pool their...

This paper provides textual evidence of Keynes´s position on monetary policy and shaping international monetary relations. One result of my contribution is that the famous dichotomy 'rules versus discretion' is of no relevance to his economic theory, because he used the term 'rules' not in the...

This paper proposes an evolutionary betting mechanism that refers to scientists' academic reputation. The mechanism provides incentives for theoretical and empirical researchers to work on joint projects, thereby producing more general findings and stylized facts that can be used in giving...

In dealing with the problematic relationship of morality to rational choice theory, neoclassical economists since Lionel Robbins have often argued that they can incorporate moral values into consumer theory by putting those values into the utility function. This paper tests the viability of such...

L’objet de ce travail est de souligner les divergences qui ont amené les expérimentateurs en économie à se démarquer de la méthodologie expérimentale introduite par les psychologues. Après avoir rappelé en quoi consiste une expérience de laboratoire et quels sont les principes de...

Bruce Caldwell (2004) “Hayek’s Challenge” tells the story of the evolution of Hayek’s methodological standpoint. In Caldwell’s account, Hayek is driven by the desire to identify a truly scientific approach to the study of society as a complex adaptive order which at the same time will...

Giocoli (2003) won awards from ESHET and, in its original form as Giocoli’s PhD thesis, from HES. It lives up to its promise. According to Giocoli, in the period between the 1890s and the 1980s a transformation took place in the way that economists thought about what it was that they were...