In recent years, institutional and evolutionary economists have become increasingly aware that ideas play an important role in economic development. In the current literature, the problem is usually elaborated upon in purely theoretical terms. In the present paper it is argued that ideas are...

This paper investigates the individual outcomes of irrational thinking, including paranormality and non-scientific thinking. These modes of thinking are identified by factor analysis from a 2008 survey. Income and happiness are used as measures of performance. Empirical results reveal that...

Twelve percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used a third of the time. To analyze the Malawian epidemic, a choice-theoretic general equilibrium search model is constructed. In the developed framework, people select...

Neoliberalism is dead. Again. Yet the philosophy of the free market and the strong state has an uncanny capacity to survive and even thrive in crisis. This volume breaks with the caricature of neoliberalism as a simple belief in market fundamentalism to show how neoliberal thinkers developed...

Neoliberalism is dead. Again. Yet the philosophy of the free market and the strong state has an uncanny capacity to survive and even thrive in crisis. This volume breaks with the caricature of neoliberalism as a simple belief in market fundamentalism to show how neoliberal thinkers developed...

Dieser Kurztext skizziert zwei Ideen und eine Empfehlung, die als Anregungen für die Wirtschaftsphilosophie und ihre programmatische (Re-)Vitalisierung dienen mögen.

There is continuing debate about what explains cooperation and self-sacrifice in nature and in particular in humans. This paper suggests a new way to think about this famous problem. I argue that, for an evolutionary biologist as well as a quantitative social scientist, the triangle of two...