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-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and … makers' difficulties can be explained once the motivational aspects of utility (wanting) are disentangled from the …
Persistent link: https://www.econbiz.de/10010286755
-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and … makers' difficulties can be explained once the motivational aspects of utility ("wanting") are disentangled from the … experiential ones ("liking") and the features of the different psychological processes involved are recognized. -- utility …
Persistent link: https://www.econbiz.de/10009409675
decision outcomes, economic theory assumes a unidimensional utility measure. This paper reviews evidence from behavioral and … makers’ difficulties can be explained once the motivational aspects of utility (“wanting”) are disentangled from the …
Persistent link: https://www.econbiz.de/10011051322
-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and … makers' difficulties can be explained once the motivational aspects of utility ("wanting") are disentangled from the …
Persistent link: https://www.econbiz.de/10009401963
Persistent link: https://www.econbiz.de/10009751700
Persistent link: https://www.econbiz.de/10011661297
The intellectual histories of economics and evolutionary biology are closely intertwined because both subjects deal with living, complex, evolving systems. Because the subject matter is similar, contemporary evolutionary thought has much to offer to economics. In recent decades theoretical...
Persistent link: https://www.econbiz.de/10011048088
The emergence of novelty is a driving agent for economic change. New technologies, new products and services, new institutional arrangements, to mention a few examples, are the backbone of development and growth. Important though it is, the emergence of novelty is not well understood. What seems...
Persistent link: https://www.econbiz.de/10010266699
The emergence of novelty is a driving agent for economic change. New technologies, new products and services, new institutional arrangements, to mention a few examples, are the backbone of development and growth. Important though it is, the emergence of novelty is not well understood. What seems...
Persistent link: https://www.econbiz.de/10005765342
Economic policy making is discussed from three different angles: the political economy of actual policy making (“what policy does do”), the analysis of policy instruments for given ends (“what policy could do”), and the debate on policy goals and their legitimization (“what policy...
Persistent link: https://www.econbiz.de/10005184758