The paper critically discusses the issue of rationality and choices in economics in both the behavioural and … the analysis of economic choices, showing the limits of rationality. On the other hand, the work offers a reinterpretation … of the theory of Alfred Marshall in a biologicalevolutionary perspective. The reinterpretation of Marshall's theory in a …

This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the … neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …

subjects are time-inconsistent and most violate the axioms of expected utility theory. These inconsistencies cannot be … explained by well-known theories of behavioral inconsistency, such as hyperbolic discounting and cumulative prospect theory … inconsistency and total payoffs are reported. Time-inconsistent subjects and those who violate expected utility theory both earn …

lens of another opposition in the philosophy of probability and in probability theory, between Bayesianism and frequentism … programs - Heuristics and Biases and Ecological Rationality - which play respective roles in the foundations of individual … rationality in BE and EME. To understand these theoretical interrelationships, we investigate the 1996 controversy between …