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Rationality, irrationality and economic cognition [PDF]
This paper contrasts the modern use of the assumption that rationality as reflected in simple models of utility and profit maximization guides individual economic behaviour to literature both between 1890 and 1930 which sharply challenged the use of such
Whalley, John
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The institutional context of rationality [PDF]
In the last three decades, mainstream economics has been influenced by authors associated with new institutional economics and new behavioral economics.
Janina Godłów-Legiędź
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"But can't we get the same thing with a standard model?" Rationalizing bounded-rationality models [PDF]
This paper discusses a common criticism of economic models that depart from the standard rational-choice paradigm - namely, that the phenomena addressed by such models can be “rationalized” by some standard model.
Spiegler, R.
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Non parva ab eo accepta pecunia: Papal Succession, Simony, and Economic Rationality (1044-1046) [PDF]
This article delves into the pontifical succession that took place amid the events occurring between 1044 and 1046 in the city of Rome, with a particular focus on the transfer of power from Benedict IX to Gregory VI. This episode has been regarded as one
Leandro DUARTE RUST
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Economic Rationality and Socio-Technological Fantasy
The contradictions in the development of the late Soviet oil industrial complex can be described as a gap between the energy concentrated in this natural resource and the entropy it generated in the context of the planned socialist economy of the ...
Kalinin, Ilya
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IntroductionLarge-scale land rentals are a fundamental way of realizing the moderate-scale operation and transformation of modern agriculture. As the suppliers and main demanders in the land rental market, the decision-making logic of farmer households ...
Hanning Li, Jingwen Feng, Wenhuan Peng
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Maladaptive risk taking can have severe individual and societal consequences; thus, individual differences are prominent targets for intervention and prevention.
Loreen Tisdall +14 more
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Theory of Consumer Behavior in Economic Science [PDF]
The aims of this article is to study the evolution of the theory of consumer behavior in economic science in the context of the ratio of rational and irrational motives of behavior and the answer to the question: can the theory of ...
Svetlana SAZANOVA
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Pure Science and Applied Science
(Excerpt) The name of my talk is Pure Science and Applied Science, and the idea I would like to sell to you today is that there is no such thing as “pure” or “applied” science.
Robert J. Aumann
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Economic Rationalities of Loksado Indigenous in a Redenomination Perspective
Dayak Meratus is one of the tribes in Indonesia consisting about 633 ethnic groups in total. The Dayak Meratus tribe represents the majority of the tribe in Indonesia which tends to be isolated, has a low formal education, and lacks of public facilities.
Bulan Prabawani +2 more
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