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The Financial Crisis in Japan – Are There Similarities to the Current Situation?
Mayr, Johannes - In: CESifo Forum 9 (2008) 4, pp. 64-68
Persistent link: https://www.econbiz.de/10004998593
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Asian Disease-type of Framing of Outcomes as an Historical Curiosity
Jullien, Dorian - Groupe de REcherche en Droit, Économie, Gestion … - 2013
This paper discusses the ways by which a certain type of behavioral deviation from expected utility theory has been handled by psychologists and economists. With respect to the historical background of decision theory in economics, it is argued that there are good reasons for more theoretical...
Persistent link: https://www.econbiz.de/10010860430
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The effects of emotions on preferences and choices for public goods
Boyce, Christopher; Czajkowski, Mikołaj; Hanley, Nick; … - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2015
This paper tests whether changes in “incidental emotions” lead to changes in economic choices. Incidental emotions are experienced at the time of an economic decision but are not part of the payoff from a particular choice. As such, the standard economic model predicts that incidental...
Persistent link: https://www.econbiz.de/10011210544
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The effects of emotions on preferences and choices for public goods
Boyce, Christopher; Czajkowski, Mikolaj; Hanley, Nick; … - Environmental Economics Research Group, Department of … - 2015
This paper tests whether changes in “incidental emotions” lead to changes in economic choices. Incidental emotions are experienced at the time of an economic decision but are not part of the payoff from a particular choice. As such, the standard economic model predicts that incidental...
Persistent link: https://www.econbiz.de/10011213706
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THE NANOLEVEL OF ECONOMIC HIERARCHY
SHULTS D.N. - In: Вестник Пермского … (2014) 3, pp. 22-28
terms of hierarchical analysis. Behavioral economics denies the idea of economic agents rationality; evolutionism is based … on bounded rationality; neoinstitutionalism and ethical economics preserve the concept of rationality in the theory … developing criteria for rationality of higher orders (metarationality). Evolutionism rejects neoclassical economics and suggests …
Persistent link: https://www.econbiz.de/10011270686
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Evolutionary economics and household behavior
Horioka, Charles Yuji - In: Philippine Review of Economics 51 (2014) 2, pp. 67-82
neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
Persistent link: https://www.econbiz.de/10011261245
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The Effects of Emotions on Preferences and Choices for Public Goods
Boyce, Christopher; Czajkowski, Mikolaj; Hanley, Nick; … - Department of Economics, Waikato Management School - 2015
This paper tests whether changes in 'incidental emotions' lead to changes in economic choices. Incidental emotions are experienced at the time of an economic decision but are not part of the payoff from a particular choice. As such, the standard economic model predicts that incidental emotions...
Persistent link: https://www.econbiz.de/10011266609
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RATIONALITY AND CHOICES IN ECONOMICS: BEHAVIORAL AND EVOLUTIONARY APPROACHES
GRAZIANO, Mario; SCHILIRO, Daniele - In: Theoretical and Practical Research in Economic Fields II (2011) 2, pp. 183-196
The paper critically discusses the issue of rationality and choices in economics in both the behavioural and … the analysis of economic choices, showing the limits of rationality. On the other hand, the work offers a reinterpretation … single and undifferentiated thought, locked into the idea of perfect rationality, but, on the opposite, is a discipline that …
Persistent link: https://www.econbiz.de/10009653234
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Neuroeconomics?
Levine, David - In: International Review of Economics 58 (2011) 3, pp. 287-305
Persistent link: https://www.econbiz.de/10009324769
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Rationality and choices in economics: behavioral and evolutionary approaches
Graziano, Mario; Schilirò, Daniele - Volkswirtschaftliche Fakultät, … - 2012
The paper critically discusses the issue of rationality and choices in economics in both the behavioural and … the analysis of economic choices, showing the limits of rationality. On the other hand, the work offers a reinterpretation … single and undifferentiated thought, locked into the idea of perfect rationality, but, on the opposite, is a discipline that …
Persistent link: https://www.econbiz.de/10009418485