Starting from the assumption that decision situations in economic contexts are characterized by fundamental uncertainty, the paper argues that the decision-making of intentionally rational actors is anchored in fictions. “Fictionality” in economic action is the inhabitation in the mind of an...

Durch die zunehmende Verlagerung der Kreditbeantragung ins Internet stehen potentielle Kreditnehmer häufiger vor der Herausforderung, den komplexen Kreditentscheidungsprozess ohne persönliche Beratung absolvieren zu müssen. Dieser stellt jedoch hohe Anforderungen an das Finanzwissen und die...

This paper discusses sociological analyses of the formation and role of expectations in the economy. Recognition of the social constitution of expectations advances the understanding of economic action under conditions of uncertainty and helps to explain core features of modern capitalist...

Written in an informal way, this book is addressed to philosophers or cognitive scientists curious of how economics deals with cognition and to graduate students in economics eager to discover how economics evolves. It aims at extending the framework of game theory in order to better fit with...