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From Theories of Human Behavior to Rules of Rational Choice : Tracing a Normative Turn at the Cowles Commission, 1943-1954
Herfeld, Catherine Sophia - 2017
now meant to represent the basic demands of rationality, while theories of rational decision-making specified rules of …
Persistent link: https://www.econbiz.de/10012953711
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Between mathematical formalism, normative choice rules, and the behavioral sciences : the emergence of rational choice theories in the late 1940s and early 1950s
Herfeld, Catherine - 2017
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/10011759791
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From theories of human behavior to rules of rational choice : tracing a normative turn at the cowles commission, 1943-1954
Herfeld, Catherine - 2017
now meant to represent the basic demands of rationality, while theories of rational decision-making specified rules of …
Persistent link: https://www.econbiz.de/10011759965
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Economic Philosophy of Al-Mawardi : Economic Behavior in Adab Al-Dunya Wa-Al-Din and Al-Ahkam Al-Sulthaniyah
Jaelani, Aan - 2016
Economic behavior in the study of Islamic economics is the basis for the government to portray political ethics and ethical economic functions of individuals in functioning as a member of society. Secular ethics and religious ethics, according to al-Mawardi, as the code of conduct in conducting...
Persistent link: https://www.econbiz.de/10012987120
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Las Bases del Pensamiento Económico: Pura Filosofía
Puente-Ajovin, Miguel - Volkswirtschaftliche Fakultät, … - 2013
Si bien no es una tarea fácil definir qué es aquello que conforma los principios filosóficos no solo en un nivel interpretativo de la realidad (¿qué es lo que vemos?) sino también la forma en la que observamos esta realidad (¿Cómo lo vemos?) y el uso que le damos a esta información, voy...
Persistent link: https://www.econbiz.de/10011261081
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The economists and the primitive societies
Marchionatti, Roberto - In: Journal of Behavioral and Experimental Economics … 41 (2012) 5, pp. 529-540
The extension of economics to topics that lie outside its classical domain is known as ‘economic imperialism’. But there are territories of social science that persist to be largely intractable using the postulates of economic theory: the anthropological subject of primitive societies...
Persistent link: https://www.econbiz.de/10010580748
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Schumpeter and the meanings of rationality
Moura, Mário Graça - Faculdade de Economia, Universidade do Porto - 2014
This paper discusses various meanings of rationality distinguished by Schumpeter – as well as related concepts like … the notions of ‘rationality of the observer’ and ‘rationality in the observed’, developed in his article on 'The Meaning … of Rationality in the Social Sciences'. Schumpeter’s thesis of the obsolescence of the entrepreneurial function is also …
Persistent link: https://www.econbiz.de/10011084781
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The strategy method risks conflating confusion with a social preference for conditional cooperation in public goods games
Burton-Chellew, Maxwell N.; D'Amico, Victoire; Guérin, … - In: Games 13 (2022) 6, pp. 1-10
The strategy method is often used in public goods games to measure an individual's willingness to cooperate depending on the level of cooperation by their groupmates (conditional cooperation). However, while the strategy method is informative, it risks conflating confusion with a desire for fair...
Persistent link: https://www.econbiz.de/10014418083
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Rationale Dummköpfe : eine Kritik der Verhaltensgrundlagen der Ökonomischen Theorie
Sen, Amartya - 2020
Amartya Sens meistzitierter und einflussreichster Aufsatz: Die ökonomische Theorie reduziert den Menschen auf Gier und Egoismus. Dabei verfolgen Menschen in konkreten Situationen zum Glück häufig gar keine rein eigennützige, sondern eine vielschichtige Strategie. In Wahrheit gibt es also auf...
Persistent link: https://www.econbiz.de/10012271031
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Individual Psychology, Rational Choice, and Demand : Some Remarks on Three Recent Studies
Hands, D. Wade - 2007
Recent histories of 20th century economics have emphasized the transformation of demand theory that occurred during the period between early neoclassicism and Arrow-Debreu. This paper examines three contributions to this recent literature - Amadae (2003), Davis (2003), and Giocoli (2003) - and...
Persistent link: https://www.econbiz.de/10014049363