Showing 1 - 6 of 6
This article adds to the growing empirical evidence on the importance of habits in governing human behavior, and sheds new light on individual inertia in relation to transportation behavior. An enriched perspective rooted in Veblenian evolutionary economics (VEE) is used to construct a...
Persistent link: https://www.econbiz.de/10010933138
consequence of Hume's theory of choice. We first argue that Sugden's dismissal of the preference relation from the type of … rationality through which Hume's theory is apprehended, is highly disputable, from the point of view of both standard choice … condition of non-revision of preferences in the dynamics of passions. But, since the process of choice that we have described …
Persistent link: https://www.econbiz.de/10008789356
The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of decision, like the one developed in Diaye and Lapidus (2005a). Although we support the idea that Hume was in some way a hedonist – evidently different from Bentham's or Jevons' way...
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 … modern theories of rational choice. On the contrary, this paper arrives to the conclusion that consistency between … preferences and choice, like the usual properties of completeness and transitivity, may be considered as outcomes of a mental …
Persistent link: https://www.econbiz.de/10008791484
The purpose of this paper is to introduce explicitly pleasure and belief in what aims at being a Humean theory of decision, like the one developed in Diaye and Lapidus (2005a). Although we support the idea that Hume was in some way – evidently different from Bentham's or Jevons' way – a...
Persistent link: https://www.econbiz.de/10008793170
A man is a key subject of economics. “A man is irrational” - this opinion can be made from Allais paradox, risk aversion and other well-known fundamental problems. For a long time, this opinion was a barrier to proper solution of these problems and the development of the economics. A...
Persistent link: https://www.econbiz.de/10008794157