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preferences from revealed choices based on a normative understanding of neoclassical rationality. Using Buchanan's notion of … meaning of welfare emerges from an ongoing quest for individual self-constitution. If this holds true, then rationality axioms …
Persistent link: https://www.econbiz.de/10011669151
just obeying and, hence, to be irrational. In this paper we offer a different approach which postulates rationality of all …
Persistent link: https://www.econbiz.de/10011753167
This paper provides a theoretical analysis regarding the rationality of suicide attacks from an economist’s point of … psychological concepts of cognitive dissonance and terror management theory into our economic analysis, we demonstrate why … – although predicted by standard economic theory – defection is a phenomenon rarely observed. We finally present some policy …
Persistent link: https://www.econbiz.de/10011753170
Popper recognizes that there are, at least, two versions of his "Rationality Principle" (RP) yet he does not explain …
Persistent link: https://www.econbiz.de/10011613809
"spatial value number" reveals the incompatibility of rationality and aesthetics: the individual urban experience cannot be …
Persistent link: https://www.econbiz.de/10013479445
is meant by rational economic theory' (Neurath) and whether 'socialism is the abolition of rational economy' (Mises … conceptions of rationality defended by Neurath and Mises and suggests some consequent insights with respect to Viennese Late … Enlightenment, contemporary rationality wars, the socialist calculation debates, and the foundations of welfare economics. …
Persistent link: https://www.econbiz.de/10012615468
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 …
Persistent link: https://www.econbiz.de/10011421455
Unrealistic assumptions underlying neo-classical economic theory have been challenged by both behavioral economics and … studies of moral economy. But both challengers share certain features with neo-classical theory. Complementing them, recent … rationality and ethically fraught relationships among persons-organ donation and sex work. The paper argues that the inherent …
Persistent link: https://www.econbiz.de/10012140514
Unrealistic assumptions underlying neo-classical economic theory have been challenged by both behavioral economics and … studies of moral economy. But both challengers share certain features with neo-classical theory. Complementing them, recent … rationality and relationships among persons - organ donation and sex work. The paper argues that the inherent value accorded to …
Persistent link: https://www.econbiz.de/10011964243
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 …
Persistent link: https://www.econbiz.de/10010398499