The scope of this paper is to explore the different aspects of rationality, in an institutionalist approach, digressing about the sources that make an individual rational and its close relation to the laws of subjective probability and its "goodness of fit" to the heterodox approach. This work...

This paper shows the relevance of Popper's Rationality Principle (RP) for the appraisal of the impressive mass work emerging, in recent years, in the fields of rationality, learning, evolutionary games and behavioral economic theory. In contradistinction to the well-known rigid criteria of the...

This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...

This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...

The concept of adaptive rationality as a characteristic of economic behavior viewed in the framework of evolution of institutions is proposed in the paper. The analysis of the most important approaches to rationality in the economic theory has allowed identifying the special nature of adaptive...