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Founded fifty years ago, the History of Economics Society served in its early years to support scholarship and teaching in the history of economic thought. But the decades long removal of history from economics departments and graduate programs has made the Society's mission increasingly...
Persistent link: https://www.econbiz.de/10014479644
This paper examines the research area identified by Frey and Gallus (Aggregate Effects of Behavioral Anomalies: A New Research Area, 2014) and the relationship between it and the choices that economists make. It supports the Frey and Gallus view that, as a consequence of individuals employing...
Persistent link: https://www.econbiz.de/10010420206
This paper argues that a hierarchy of ideals exists in market interactions that sets the benchmark on the norm of fairness associated with these interactions, thus affecting pricing decisions associated with market exchange. As norms emerge, an ideal determines the criteria of optimal behavior...
Persistent link: https://www.econbiz.de/10010513024
The sciences tell us that fears are physical feelings and mental emotions that play a key role in any society. Not many issues related to fear are explored by economists today. The aim of this paper is to go backwards through the history of economic thought, and examine if and how Adam Smith...
Persistent link: https://www.econbiz.de/10011739582
, the change of a variable is determined by the forces agents employ to change it according to their desire, their power to …
Persistent link: https://www.econbiz.de/10011757099
This paper discusses why mathematical economists of the early Cold War period favored formal-axiomatic over behavioral choice theories. One reason was that formal-axiomatic theories allowed mathematical economists to improve the conceptual and theoretical foundations of economics and thereby to...
Persistent link: https://www.econbiz.de/10011761430
This article traces a normative turn between the middle of the 1940s and the early 1950s reflected in the reformulation, interpretation, and use of rational choice theories at the Cowles Commission for Research in Economics. This turn is paralleled by a transition from Jacob Marschak's to...
Persistent link: https://www.econbiz.de/10011761431
The role of traveling as a source of discovery and development of new ideas has been controversial in the history of economics. Despite their protective attitude toward established theory, economists have traveled widely and gained new insights or asked new questions as a result of their...
Persistent link: https://www.econbiz.de/10011761433
This paper discusses the similarities and differences in the plurality of practices regarding the use of interviews by historians of economics - i.e., either the use of someone else's interviews as sources or the use of interviews conducted by the historian for her or his work.
Persistent link: https://www.econbiz.de/10011812584
This chapter discusses the similarities and differences in the plurality of practices regarding the use of interviews by historians of economics - i.e., either the use of someone else's interviews as sources or the use of interviews conducted by the historian for her or his work. It draws on...
Persistent link: https://www.econbiz.de/10011812585