Showing 1 - 10 of 31
Schelling was an unusual economist and game theorist, although some demur. In some respects, he was a typical Cold War product, but in other ways he deviated strongly. His game theory seems to have served strategic interests well when we consider nuclear deterrence, but not so well, when we look...
Persistent link: https://www.econbiz.de/10005496107
Persistent link: https://www.econbiz.de/10005383287
Influenced by changes in his environment in the early 1980s, Thomas Sargent tried to serve his interest in finding conceptual integrity of theory and method by using rational expectations to link general equilibrium theory and vector autoregressions. Dead ends loomed large on Sargent's horizon...
Persistent link: https://www.econbiz.de/10005462972
<DIV>"A serious reconsideration of the 'economics of science' is long overdue," say Philip Mirowski and Esther-Mirjam Sent in the introduction to <I>Science Bought and Sold</I>. Indeed, it is only recently that one could speak of a field of economics of science at all. Although it has long been accepted...</i></div>
Persistent link: https://www.econbiz.de/10011156011
<title>Abstract</title> This paper starts from the perspective that giving meaning to life is a key function of religion: through its narratives, rituals, creeds, and practices, religion clothes life in a meaningful frame. Interestingly, though, meaning of life has not yet appeared in studies on the relation...
Persistent link: https://www.econbiz.de/10010974748
Persistent link: https://www.econbiz.de/10010930371
Persistent link: https://www.econbiz.de/10010930419
The Handbook of Economics and Ethics portrays an understanding of economic methodology in which facts and values, though distinct, are closely interconnected in a variety of ways. From theory building to data collection, and from modelling to policy evaluation, this encyclopaedic Handbook is at...
Persistent link: https://www.econbiz.de/10011173194
Persistent link: https://www.econbiz.de/10005640162
T. J. Sargent called his latest venture Bounded Rationality in Macroeconomics and tried to make connections with H. A. Simon's program of bounded rationality and artificial intelligence. The irony is that rational expectations theory, born from the same mother--Carnegie Mellon University--as...
Persistent link: https://www.econbiz.de/10005554429