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Building on an overview of various kinds of dual systems/process theories in psychology and economics, the paper proceeds with a methodological assessment in terms of the mechanistic or constitutive explanations framework that has gained prominence in philosophy of science recently, especially...
Persistent link: https://www.econbiz.de/10014118492
"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
Dual systems theories play an important role in the conceptual foundations of behavioural economics, such as distinguishing between ‘fast' and ‘slow' responses to stimuli. After considering how behavioural economists use these dualities to legitimize policy interventions, I critically...
Persistent link: https://www.econbiz.de/10012943990
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We develop a theoretical framework based on the notion of transactional innovation as a driver of national competitive advantage, mediated via the entrepreneurial activities of firms. This builds on recent literature that highlights the ‘hyper-specialization' of international trade networks,...
Persistent link: https://www.econbiz.de/10012949231
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
In recent extensions of the Darwinian paradigm into economics, the replicator-interactor duality looms large. I propose a strictly naturalistic approach to this duality in the context of the theory of institutions, which means that its use is seen as being always and necessarily dependent on...
Persistent link: https://www.econbiz.de/10013118396
Recently, Glimcher has proposed a reductionist model of choice which directly reduces a modified version of economic utility theory to neuroscience. I propose an alternative conceptual framework that adopts the position of externalism, which I further narrow down to a distributed cognition...
Persistent link: https://www.econbiz.de/10013123446
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