Results 11 to 20 of about 575,030 (313)
Rationality, behavior, institutional, and economic change in Schumpeter [PDF]
In 1940 Schumpeter wrote a paper entitled: ‘The Meaning of Rationality in the Social Sciences’, which was intended as a contribution to one of the meetings of a seminar including Talcott Parsons, Wassily Leontief, Paul Sweezy and other Harvard scholars, that he initiated. In this paper Schumpeter develops thoroughly his own conception of rationality in
Festré, Agnès, Garrouste, Pierre
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Economic Rationality and Ethical Behavior [PDF]
This paper argues that economic rationality and ethical behavior cannot be reduced one to the other, casting doubts on the validity of formulas like 'profit is ethical' or 'ethics pays'. In order to express ethical dilemmas as opposing economic interest with ethical concerns, we propose a model of rational behavior that combines these two irreducible ...
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A Theory of Natural Addiction [PDF]
Economic theories of rational addiction aim to describe consumer behavior in the presence of habit-forming goods. We provide a biological foundation for this body of work by formally specifying conditions under which it is optimal to form a habit.
Ainslie +102 more
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Rational choice theory: Limitations and alternatives [PDF]
In the focus of the paper there are some basic insights and ideas of rational choice theory, that is the "core" of contemporary economic theory. Also, rational choice theory is the "center" of modern political science and is used in various other ...
Krstić Miloš S.
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INSTITUTIONAL RATIONALITY AS A MODERN ALTERNATIVE OF ECONOMIC SCIENCES AND PRACTICES [PDF]
The subject of the paper is to consider the evolution of theoretical approaches to economic rationality as a key principle of economic choice in economic science.
Mladen Ivić +2 more
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A cognitive hierarchy model of learning in networks [PDF]
This paper proposes a method for estimating a hierarchical model of bounded rationality in games of learning in networks. A cognitive hierarchy comprises a set of cognitive types whose behavior ranges from random to substantively rational.
Choi, S
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Current non–price factors of consumer behavior
The economic theory of consumer behavior is one of the key theories of modern economic science in general and microeconomic theory in particular. The theoretical and methodological apparatus for studying consumer behavior has evolved along with the ...
U. V. Palchikova, S. L. Sazanova
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The Impact of Streamer Marketing on Consumer Purchasing Behavior in the Live-Stream Economy [PDF]
Face-to-face video connection via online live stream decreases knowledge asymmetry between buyers and sellers and has emerged as a new economic model in the wake of the COVID-19 epidemic. Based on this new economic model, this study focuses on the impact
Xu Zhanlin
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In this paper, starting from the conceptual model of the rational behavior theory developed by Icek Ajzen, the authors develop a behavioral model of rational expectations of the managerial decisions in order to determine the influence of the behavior of ...
Cristian Busu, Mihail Busu
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Adaptive Rationality, Adaptive Behavior and Institutions [PDF]
The economic literature focused on understanding decision-making and choice processes reveals a vast collection of approaches to human rationality. Theorists’ attention has moved from absolutely rational, utility-maximizing individuals to boundedly ...
Volchik Vyacheslav, V. +2 more
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