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In this article, I critically respond to Herbert Gintis's criticisms of the behavioral-economic foundations of Ken Binmore's game-theoretic theory of justice. Gintis, I argue, fails to take full account of the normative requirements Binmore sets for his account, and also ignores what I call the...
Persistent link: https://www.econbiz.de/10011136020
That the rationality of individual people is 'bounded' - that is, finite in scope and representational reach, and constrained by the opportunity cost of time - cannot reasonably be controversial as an empirical matter. In this context, the paper addresses the question as to why, if economics is...
Persistent link: https://www.econbiz.de/10011104663
Bringing together a collection of leading contributors to this new methodological thinking, the authors explain how it differs from the past and point towards further concerns and future issues. The recent research programs explored include behavioral and experimental economics, neuroeconomics,...
Persistent link: https://www.econbiz.de/10011182225
Persistent link: https://www.econbiz.de/10010825701
The explanatory power of economic theory is tested by the phenomenon of irrational consumption, examples of which include such addictive behaviors as disordered and pathological gambling. Midbrain Mutiny examines different economic models of disordered gambling, using the frameworks of...
Persistent link: https://www.econbiz.de/10010535236
Consumer research incorporates perspectives from a spectrum of long-established sciences: psychology, economics and sociology. This Handbook strives to include this multitude of sources of thought, adding geography, neuroscience, ethics and behavioural ecology to this list. Encompassing scholars...
Persistent link: https://www.econbiz.de/10011176350
The explanatory power of economic theory is tested by the phenomenon of irrational consumption, examples of which include such addictive behaviors as disordered and pathological gambling. Midbrain Mutiny examines different economic models of disordered gambling, using the frameworks of...
Persistent link: https://www.econbiz.de/10005034451
Persistent link: https://www.econbiz.de/10005066464
In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical...
Persistent link: https://www.econbiz.de/10005756550
Persistent link: https://www.econbiz.de/10008503078