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Evolutionary economics and household behavior
Horioka, Charles - In: The Philippine review of economics : a joint … 51 (2014) 2, pp. 67-82
Persistent link: https://www.econbiz.de/10010528438
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Evolutionary economics and household behavior
Horioka, Charles - 2014
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the … neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
Persistent link: https://www.econbiz.de/10010390070
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Evolutionary economics and household behavior
Horioka, Charles - 2014
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the … neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
Persistent link: https://www.econbiz.de/10010390395
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Beyond quantified ignorance : rebuilding rationality without the bias bias
Brighton, Henry - 2019
theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …If we reassess the rationality question under the assumption that the uncertainty of the natural world is largely … formal implication of quantified uncertainty rather than an ecologically meaningful objective, the rationality question …
Persistent link: https://www.econbiz.de/10011990913
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The law and economics of behavioral regulation
Tor, Avishalom - In: Review of law and economics : publ. in cooperation with … 18 (2022) 2, pp. 223-281
Persistent link: https://www.econbiz.de/10013554765
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The dynamics of inattention in the (baseball) field
Archsmith, James; Heyes, Anthony; Neidell, Matthew; … - 2021
Recent theoretical and empirical work characterizes attention as a limited resource that decision-makers strategically allocate. There has been less research on the dynamic interdependence of attention: how paying attention now may affect performance later. In this paper, we exploit...
Persistent link: https://www.econbiz.de/10012549756
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Two types of ecological rationality: Or how to best combine psychology and economics
Dekker, Erwin; Remic, Blaž - In: Journal of economic methodology 26 (2019) 4, pp. 291-306
Persistent link: https://www.econbiz.de/10012203769
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The homo economicus under experimental attack
Schlicht, Ekkehart - 2020
For non-economists, it is often difficult to understand why economists place so much emphasis on the self-interest motive. It is obvious that people act out of a variety of motives - gratitude, anger, social obligation and many, many other motives. There are several reasons why economists still...
Persistent link: https://www.econbiz.de/10012425266
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Over- and underreaction to information
Ba, Cuimin; Bohren, J. Aislinn; Imas, Alex - 2024
Persistent link: https://www.econbiz.de/10015078773
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Bounded irrationality : a new perspective on economic behavior
Stetzka, Robin - In: Review of behavioral economics 11 (2024) 1, pp. 1-42
Persistent link: https://www.econbiz.de/10014515103