This paper seeks to contribute to institutional theory by providing it with a stronger basis in cognitive and affective psychology. We organise this contribution around the central question of what psychological preconditions must exist for institutions to determine behaviour and order our...

Blockchain technology makes it more feasible for individuals to Exit political-socioeconomic systems at the level of the system itself and elect to accede freely to institutional systems which formulate, promulgate, keep and verify institutions and public records without a centralised authority....

The purpose of this paper is to provide a confession of sorts from an economist to political science and philosophy. A confession of the weaknesses of the political position of the economist. It is intended as a guide for political scientists and philosophers to the ostensible policy criteria of...

In standard models it is typically taken for granted that preferences are given and defined over the alternatives alone, and the possibility of making a rational choice is a matter of assumption. I generalise this aspect of the economic model so that preferences over alternatives are constructed...

We apply the perspectives of social ontology and the “Brisbane Club” of evolutionary economists to characterise the economics of artificial intelligence technology. We consider the nature of artificial intelligence and defend the notion that it is a technology which seeks to replicate the...

We develop an integrated, holistic and systematic model of behavioural change in fixed psychologies by making use of a model of the psychology of behaviour. We identify and explain three simple and comprehensive means by which behavioural change is affected by the interaction of the individual's...

In this paper we shall make use of a new theory of economic systems as networks formed by individuals acting on the basis of their psychology and social position (Markey-Towler, 2016) to obtain a new vision of the diffusion of behavioural change and the role of narratives (Shiller, 2017)...

The purpose of this essay is to develop a view of the process by which the individual becomes persuaded to accept an idea in the process of reasoning in the public sphere as part of the competition between ideas. It makes use of a model of the human mind, psychology and behaviour developed by...

The present paper proposes a new theory of economic development based on a general theory of economic systems as networks formed out of individuals acting on the basis of their psychology and social position. A view is obtained of the economic system as a self-organising system of knowledge, and...

This paper presents a discussion, and elaborates the significance of, the psychological model of evolutionary economic behaviour contained within the formalism developed by Markey-Towler (2016) for the foundations of economic analysis. A self-contained discussion of the relevant portions of this...