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Morally Consistent Equilibria in Normal Form Games : A Game Theoretic Approach to Moral Judgements and a Normative Justification of Nash Equilibrium (Mathematical Economics)

open access: yesMorally Consistent Equilibria in Normal Form Games : A Game Theoretic Approach to Moral Judgements and a Normative Justification of Nash Equilibrium (Mathematical Economics)
openaire  

Reconciling Normative and Behavioral Economics: An Application of the “Naturalistic Approach” to the Adaptation Problem

open access: closedJahrbücher für Nationalökonomie und Statistik, 2014
Summary While standard economic theory takes individual preferences as stable and “given”, i.e., independent of situational context, real-world preferences tend to vary with changing opportunity sets. This is exemplified by Aesop’s fable of the fox and the sour grapes.
Christian Schubert, Martin Binder
semanticscholar   +4 more sources

Production of Scientific Knowledge and Radical Uncertainty: The Limits of the Normative Approach in Innovation Economics

open access: closedEuropean Journal of Law and Economics, 2005
The aim of this article is to explain that, in the context of the production of scientific knowledge, it is logically impossible to define some institutional structures enabling the maximization of the social surplus.Our argumentation relies on the theory of Popper according to which it is impossible to anticipate the result of a given process of ...
David Moroz
semanticscholar   +6 more sources

Alternative Approaches to the Economics of Soil Nutrient Depletion in Costa Rica: Exploratory, Predictive and Normative Bio-Economic Models

open access: closed, 2001
This chapter discusses three methodologies to analyse land use with respect to income generation and sustainability in the Atlantic Zone of Costa Rica: the explorative SOLUS methodology,the predictive UNA-DLV methodology,and a normative optimal control approach.
Hans Jansen   +6 more
openalex   +3 more sources
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Official statistics, big data and civil society. Introducing the approach of “economics of convention” for understanding the rise of new data worlds and their implications

Statistical Journal of the IAOS, 2021
The rise of big data and ongoing political and social transformations confront official statistics with important questions regarding its self-understanding and its role in public debates.
Rainer Diaz-Bone, Kenneth Horvath
semanticscholar   +1 more source

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