Showing 1 - 10 of 3,731
decision outcomes, economic theory assumes a unidimensional utility measure. This paper reviews evidence from behavioral and … makers’ difficulties can be explained once the motivational aspects of utility (“wanting”) are disentangled from the …
Persistent link: https://www.econbiz.de/10011051322
Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is ""incomplete"". That is, it has content that cannot be revealed with any general...
Persistent link: https://www.econbiz.de/10008620454
El reciente auge de la neuroeconomía ha abierto una serie de preguntas sobre el impacto que esta nueva disciplina puede tener sobre la forma en que se hace teoría económica. Este trabajo busca resaltar la relevancia que la metodología en ciencia económica tiene como herramienta...
Persistent link: https://www.econbiz.de/10011276563
Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is "incomplete". That is, it has content that can not be revealed with any general...
Persistent link: https://www.econbiz.de/10008578284
The model of Homo economicus has often been criticized as unrealistic. In particular, it has been found lacking for allegedly assuming that people are selfish, an assumption which is contradicted by both introspection and empirical evidence. The aim of this paper is to show that never in the...
Persistent link: https://www.econbiz.de/10011277208
This paper work assesses the key aspects of a framework for research on revolutions. Our approach includes a heuristic based on an idea suggested by Marx in the 18th Brumaire of Louis Bonaparte: “The tradition of all dead generations weighs like a nightmare on the brain of the living”. From...
Persistent link: https://www.econbiz.de/10011108016
In this paper I examine the paradoxical role of language in conflict situations. Support the war and negotiation belong to a game of "speech acts" structured by a double metonymic and metaphorical relationship. That metaphorical relationship between both conceptualizes negotiation as a condensed...
Persistent link: https://www.econbiz.de/10011108067
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026
The paper explores the consequences that relying on different behavioral assumptions in training managers may have on their future performance. We argue that training with an emphasis on the standard assumptions used in economics (rationality and self-interest) is good for technical posts but...
Persistent link: https://www.econbiz.de/10010547261
In economics, three nested organizational levels, namely behavioural, mental and neural, can be distinguished. They introduce specific theoretical or observable concepts and suggest their own models for choice making. If psycho-economics relates implemented actions to declared mental states,...
Persistent link: https://www.econbiz.de/10010612977