Showing 1 - 8 of 8
The purpose of this contribution is to illustrate how both Schelling and Bacharach’s methodologies can help scholars bring a new approach to behavioral game theory in which the nature of usual standard methodological individualism is insufficiently questioned. I aim to show that both Schelling...
Persistent link: https://www.econbiz.de/10011212862
In this contribution we relate the respective works of two important economists, Friedrich von Hayek and Michael Bacharach, namely one of the main intellectual leaders of the Austrian Schools and one of the most original game theorists. Hayek and Bacharach are two authors - few in number – who...
Persistent link: https://www.econbiz.de/10011228134
The paper purports to stress how the two major contributions of Bacharach: "Variable Frame Theory" (VFT) and "Team Reasoning" (TR) improve Standard Non-Cooperative Game Theory in some relevant aspects which I point out. The aims are to show: (i) how Bacharach respectively justifies coordination...
Persistent link: https://www.econbiz.de/10010860426
This paper discusses the ways by which a certain type of behavioral deviation from expected utility theory has been handled by psychologists and economists. With respect to the historical background of decision theory in economics, it is argued that there are good reasons for more theoretical...
Persistent link: https://www.econbiz.de/10010860430
The paper focuses on Arrow statistical discrimination theories and Schelling’s models of segregation, and how their work can be considered as an illustration of “the introduction of the same policy tools [as war game theory] into domestic politics in Lyndon B. Johnson’s Great Society...
Persistent link: https://www.econbiz.de/10010784864
This paper aims at casting light on editorial boards of leading journals in economics. This topic has been largely neglected by economists and sociologists of science, although the crucial role played by editors of prestigious journals in steering the discipline. We start our analysis by mapping...
Persistent link: https://www.econbiz.de/10011274987
Cet article réexamine l'apport de Pellegrino Rossi à la loi de l'offre et de la demande par rapport aux contributions de Say, Ricardo ou Smith. Il montre que Rossi développe une théorie de la valeur originale qui emprunte à la fois à la pensée classique anglaise et à la pensée...
Persistent link: https://www.econbiz.de/10011274989
The recent nancial market turmoil has raised the question whether certain countries, in particular Italy and Spain, were facing a liquidity or a solvency problem. Some economists re{phrased this problem, by asking whether those countries' crisis was triggered by investors' self- fullling...
Persistent link: https://www.econbiz.de/10010721567