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science and, thus, has neglected a specific kind of rationality (the “creative rationality”). Integrating this kind of … rationality in the design education drives us to invent“pedagogy of the adventure”. …
Persistent link: https://www.econbiz.de/10008789399
The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of …
Persistent link: https://www.econbiz.de/10008790780
For the reader who considers economic theory of choice as a special case of a more general theory of action, Hume … not seem to have given any evidence which would favour what we nowadays consider as the kind of rationality involved in … process, described by means of a decision algorithm which aims at representing Hume's theory of choice. …
Persistent link: https://www.econbiz.de/10008791484
Neuroeconomics is a recent extension of behavioral economics which aims at uncovering the brain mechanisms and activities that mediate regular and anomalous behaviour. Gul and Pesendorfer (2005) have launched a critique against the neuroeconomic research program, based on what they argue is the...
Persistent link: https://www.econbiz.de/10008792335
The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of …
Persistent link: https://www.econbiz.de/10008793170
This paper deals with Rousseau's idea of freedom in terms of rationality and deliberation. It gives support to Berlin …'s interpretation of the general will as a rational and objective will but dismisses the idea that Rousseau's theory necessarily leads …
Persistent link: https://www.econbiz.de/10008793599
Our paper sheds light on the reasons for which a rational venture capitalist decides to reallocate his or her portfolio from later to early-stage investment. We explain why, during certain periods, there is a strong correlation between the performance of financial markets and the funds invested...
Persistent link: https://www.econbiz.de/10008794401
. Finance plays a crucial role in most theories of persistent inequality. Unsurprisingly, therefore, economic theory provides a …This paper critically reviews the literature on finance and inequality, highlighting substantive gaps in the literature … rich set of predictions concerning both the impact of finance on inequality and about the relevant mechanisms. Although …
Persistent link: https://www.econbiz.de/10004979100
inequality, with the region's Gini coefficient falling from 55.6 to 51.8. Previous studies have warned about the sustainability … of such a decline, and this paper presents evidence of stagnation in the pace of reduction of income inequality in Latin … America since 2010. This phenomenon of stagnation is robust to different measures of inequality and is largely attributable to …
Persistent link: https://www.econbiz.de/10011106304
-based general equilibrium theory of income determination and income inequality. …This volume presents a collection of studies on the dynamics of income inequality based on micro data. Using a simple … in accounting for household income and its contribution to inequality. It casts doubt on the grand theories of growth and …
Persistent link: https://www.econbiz.de/10011168548