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choice theory as the reference point for judging the quality of real-world decisions. It argues that choice is an activity …
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In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...
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choice theory as the reference point for judging the quality of real-world decisions. It argues that choice is an activity …
Persistent link: https://www.econbiz.de/10011296321
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 … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the …
Persistent link: https://www.econbiz.de/10010390070
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 … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the …
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