In this paper we shall make use of a new theory of economic systems as networks formed by individuals acting on the basis of their psychology and social position (Markey-Towler, 2016) to obtain a new vision of the diffusion of behavioural change and the role of narratives (Shiller, 2017)...

In this paper we develop a theory of the psychological preconditions for greater survival in complex evolving socioeconomic systems ordered by radically uncertain institutions. We introduce the notion of the antifragile personality, whose personal knowledge of how and why to act in the world...

The purpose of this essay is to develop a view of the process by which the individual becomes persuaded to accept an idea in the process of reasoning in the public sphere as part of the competition between ideas. It makes use of a model of the human mind, psychology and behaviour developed by...

The present paper proposes a new theory of economic development based on a general theory of economic systems as networks formed out of individuals acting on the basis of their psychology and social position. A view is obtained of the economic system as a self-organising system of knowledge, and...

This paper presents a discussion, and elaborates the significance of, the psychological model of evolutionary economic behaviour contained within the formalism developed by Markey-Towler (2016) for the foundations of economic analysis. A self-contained discussion of the relevant portions of this...

The weak axiom of revealed preference constitutes the basis for neoclassical choice theory. Neoclassical consumer theory can be held to on the basis that the weak axiom upon which it is built is “weak” and has only very reasonable requirements of behaviour. In this paper I demonstrate with a...

In this note we develop principles for forecasting economies viewed as evolving networks formed by individuals acting on the basis of their psychology and social position following Markey-Towler (2016). We review the basic formal apparatus required to understand economies as such before using...

We propose that a deeper integration still between psychology and evolutionary economics has value to offer by offering us a deeper perspective on the dynamics that underlie the behaviour that drives evolutionary change. We introduce psychological perspectives on the behaviour whereby change is...

This paper proposes a model of the psychology of behaviour in which theories of economic behaviour based on the assumption of substitutability may coexist with theories based on the assumption of non-substitutability. The whole spectrum of possibilities for substitutability between courses of...