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This chapter proposes a geocentric turn in economics that aims at radically transforming the performative functions of economics in contemporary capitalism: Inspired by an expression of John Stuart Mill, I outline the idea of the Earth as a ‘community of advantage’. The argument proceeds in...
Persistent link: https://www.econbiz.de/10014093201
"Neuroeconomics has emerged as a paradigmatic field where neuroscience and the social sciences are integrated in one analytical and empirical approach. However, the different disciplines involved often only relate to each other via the shared object of research, and less through the constructing...
Persistent link: https://www.econbiz.de/10012225102
Persistent link: https://www.econbiz.de/10003640031
Neuroeconomics stays in the center of the ongoing naturalistic turn in economics. It portrays the individual as a complex system of decision making mechanisms and modules. This results into a conceptual tension with the standard economic notion of the unity of the actor that is a systemic...
Persistent link: https://www.econbiz.de/10003785973
Economics is increasingly adopting the methodological standards and procedures of the natural sciences. The paper analyzes this 'naturalistic turn' from the philosophical perspective on naturalism, and I discuss the implications for the field of finance. The theory of finance is an interesting...
Persistent link: https://www.econbiz.de/10003786266
In recent sociological studies of markets, especially financial markets, researchers have argued that economics is performative (MacKenzie, Callon et al.). By this they refer to the observation that theories such as the Black-Scholes formula do not simply describe reality, but contributed to the...
Persistent link: https://www.econbiz.de/10003874929
Persistent link: https://www.econbiz.de/10009006986
Persistent link: https://www.econbiz.de/10010413727
Persistent link: https://www.econbiz.de/10001977925
In recent sociological studies of markets, especially financial markets, researchers have argued that economics is performative (MacKenzie, Callon et al.). By this they refer to the observation that theories such as the Black-Scholes formula do not simply describe reality, but contributed to the...
Persistent link: https://www.econbiz.de/10013134630