Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.
Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Robert Sugden is Professor of Economics at the University of East Anglia, Norwich. He has been a prominent behavioural and experimental economist since the pioneering era of the 1980s. He is also well known for his work in economic theory, methodology of economics, and philosophy of economics. He is the author of The Economics of Rights, Cooperation and Welfare, Experimental Economics: Re-thinking the Rules, and many papers in leading journals of economics and philosophy. Recently his work has focused on reformulating normative economics so that it avoids unrealistic assumptions about individual rationality without becoming paternalistic.
Inhaltsangabe
1: The liberal tradition and the challenge from behavioural economics 2: The view from nowhere 3: The contractarian perspective 4: The inner rational agent 5: Opportunity 6: The invisible hand 7: Regulation 8: Psychological stability 9: Intrinsic motivation, kindness and reciprocity 10: Cooperative intentions 11: The Principle of Mutual Benefit
1: The liberal tradition and the challenge from behavioural economics 2: The view from nowhere 3: The contractarian perspective 4: The inner rational agent 5: Opportunity 6: The invisible hand 7: Regulation 8: Psychological stability 9: Intrinsic motivation, kindness and reciprocity 10: Cooperative intentions 11: The Principle of Mutual Benefit
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