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Persistent link: https://www.econbiz.de/10003334717
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/10009382374
Persistent link: https://www.econbiz.de/10010344935
The canonical model of neuroeconomics centres on the notion of subjective value and analyses choice along the lines of neoclassical economics. Recently, this model has been challenged by approaches that introduce selectionist models of parallel and distributed neural networks. This perspective...
Persistent link: https://www.econbiz.de/10012868661
The volume gathers together papers presented at the second biennial Wirth conference on Austrian economics, held in October 2008 when the crisis of Fall 2008 was still new and shocking. This coincidence of timing makes policy issues and crisis management a kind of leitmotif of the volume
Persistent link: https://www.econbiz.de/10009538225
Leading scholars consider Austrian economics from several perspectives such as characteristic themes of entrepreneurship and uncertainty, scientific methods such as mathematical complexity theory and experimental economics, and historical contexts such as pre-war Vienna and post-war France....
Persistent link: https://www.econbiz.de/10012049844
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The standard economic treatment of knowledge mixes a mentalist approach in game theory and an externalist approach in growth theory and related fields. This confusing state requires a philosophical clarification. I propose to start out from F.A von Hayek’s approach developed in his book on The...
Persistent link: https://www.econbiz.de/10003890613
Building on the philosophy of Charles Sanders Peirce, recent advances in biosemiotics have resulted into a concise framework for the analysis of signs in living systems. This paper explores the potential for economics and shows how biosemiotics can integrate two different research agendas, each...
Persistent link: https://www.econbiz.de/10008749237
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