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Economics and the Mind

Economics and the Mind PDF Author: Barbara Montero
Publisher: Routledge
ISBN: 1135986452
Category : Business & Economics
Languages : en
Pages : 363

Book Description
Economics is often defined as the science of choice or human action. But choice and action are essentially mental phenomena, an aspect rarely mentioned in the economics discourse. Choice, while not always a conscious or rational process, is held to involve beliefs, desires, intentions and arguably even free will. Actions are often opposed to mere bodily movements, with the former being in some sense only understandable in reference to mental processes while the latter are understandable in entirely non-mental, physical terms. While philosophers have long concerned themselves with the connections between these concepts, economists have tended to steer clear of what might appear to be an a priori debate. At the same time, philosophers working on these important notions have tended to not dirty their hands with the empirical, real-world applications in which economists are specialized. This volume fills these gaps by bringing economists and philosophers of mind together to explore the intersection of their disciplines.

Economics and the Mind

Economics and the Mind PDF Author: Barbara Montero
Publisher: Routledge
ISBN: 1135986452
Category : Business & Economics
Languages : en
Pages : 363

Book Description
Economics is often defined as the science of choice or human action. But choice and action are essentially mental phenomena, an aspect rarely mentioned in the economics discourse. Choice, while not always a conscious or rational process, is held to involve beliefs, desires, intentions and arguably even free will. Actions are often opposed to mere bodily movements, with the former being in some sense only understandable in reference to mental processes while the latter are understandable in entirely non-mental, physical terms. While philosophers have long concerned themselves with the connections between these concepts, economists have tended to steer clear of what might appear to be an a priori debate. At the same time, philosophers working on these important notions have tended to not dirty their hands with the empirical, real-world applications in which economists are specialized. This volume fills these gaps by bringing economists and philosophers of mind together to explore the intersection of their disciplines.

The Economic Mind

The Economic Mind PDF Author: Adrian Furnham
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

Book Description


The New Economic Mind

The New Economic Mind PDF Author: Alan Lewis
Publisher: Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 352

Book Description
Examines the changing economic minds of the people inhabiting the new market economies of Central and Eastern Europe. Features expanded coverage of the ethics and morals of the market.

The Cambridge Handbook of Psychology and Economic Behaviour

The Cambridge Handbook of Psychology and Economic Behaviour PDF Author: Alan Lewis
Publisher: Cambridge University Press
ISBN: 1108547680
Category : Psychology
Languages : en
Pages : 1240

Book Description
There has recently been an escalated interest in the interface between psychology and economics. The Cambridge Handbook of Psychology and Economic Behaviour is a valuable reference dedicated to improving our understanding of the economic mind and economic behaviour. Employing empirical methods - including laboratory and field experiments, observations, questionnaires and interviews - the Handbook provides comprehensive coverage of theory and method, financial and consumer behaviour, the environment and biological perspectives. This second edition also includes new chapters on topics such as neuroeconomics, unemployment, debt, behavioural public finance, and cutting-edge work on fuzzy trace theory and robots, cyborgs and consumption. With distinguished contributors from a variety of countries and theoretical backgrounds, the Handbook is an important step forward in the improvement of communications between the disciplines of psychology and economics that will appeal to academic researchers and graduates in economic psychology and behavioral economics.

New Ideas from Dead Economists

New Ideas from Dead Economists PDF Author: Todd G. Buchholz
Publisher: Penguin
ISBN: 9780452288447
Category : Business & Economics
Languages : en
Pages : 372

Book Description
A reexamination of the major economic theories of the past two hundred years discusses how long-dead, famous economists such as Adam Smith and others would handle today's economic problems.

New Economic Thinking and Real Estate

New Economic Thinking and Real Estate PDF Author: Danny Myers
Publisher: John Wiley & Sons
ISBN: 1119048753
Category : Business & Economics
Languages : en
Pages : 243

Book Description
New Economic Thinking and Real Estate offers a modern and distinctive approach to forecasting and understanding property markets. With this book, students will develop an intuitive ability to interpret economic indicators and acquire the confidence to assess property markets. The book is divided into three parts: Part A: Resource choices - deals with microeconomics; Part B: Financial Systems - seeks to make sense of the macroeconomic scene and Part C: Measuring and Forecasting.

The New Economics

The New Economics PDF Author: Steve Keen
Publisher: John Wiley & Sons
ISBN: 1509545301
Category : Political Science
Languages : en
Pages : 141

Book Description
In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation. Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics, he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In this book, he presents his Reformation: a New Economics, which tackles serious issues that today's economic priesthood ignores, such as money, energy and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe. Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes.

The Selfish Brain

The Selfish Brain PDF Author: Richard McKenzie
Publisher:
ISBN:
Category :
Languages : en
Pages : 322

Book Description
In The Selfish Brain, which has been written with non-economists in mind, expands on Richard McKenzie's development of "brain-centric economics," which provides a new way of assessing and reconciling (albeit partially) the growing conflict between conventional or neoclassical economics (represented by the work of Nobel Laureates Milton Friedman and Gary Becker) and behavioral economics (represented by the work of Nobel Laureates Daniel Kahneman and Richard Thaler). In the book, McKenzie uses conventional economic analytics to explain how and why many behaviorists' findings of widespread decision "irrationalities" and "biases" have a rational foundation. He is also able to develop many economic insights that conventional economists have missed, for example, how the gains from open trade are greater than Adam Smith and his followers have realized. He accomplishes such ends by first recognizing that the human brain, while powerful, is the one of the scarcest of all resources in the universe and by realizing that the brain faces a serious economic problem, that of allocating as carefully and judiciously as it can its limited mental resources to achieve its most valuable ends. The human brain is seen as the ultimate seat of rational decision making. Adam Smith famously wrote that people have a "propensity to truck, barter, and exchange," without giving a source of the propensity. McKenzie provides the source, the brain's scarcity problem. The brain seeks to accommodate its excess demands by seeking to specialize in its decision making and then searching out trades. Richard McKenzie, who has published widely, is the Walter B. Gerken Professor of Economics (ret.) in the Merage School of Business at the University of California, Irvine.

Economic Fables

Economic Fables PDF Author: Ariel Rubinstein
Publisher: Open Book Publishers
ISBN: 1906924775
Category : Biography & Autobiography
Languages : en
Pages : 266

Book Description
"I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model." Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. Economic Fables is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field.

Economic Thinking for the Theologically Minded

Economic Thinking for the Theologically Minded PDF Author: Samuel Gregg
Publisher: University Press of America
ISBN: 9780761820970
Category : Business & Economics
Languages : en
Pages : 174

Book Description
Economic Thinking for the Theologically Minded provides an introduction to what has been called 'the economic way of thinking, ' which explains some of the critical concepts and foundational assumptions employed in economics. To communicate these ideas effectively to those engaged in theological studies, this book avoids using unnecessary technical terminology. These concepts are then subject to analysis from the standpoint of Christian ethics, with emphasis placed upon the often-unsuspected degree of agreement between economics and Christian belief about the nature of the person. The second half of the book consists of a collection of selections from classical economic texts, representing a range of authors from a variety of schools of thought. These selections have been arranged around ten key concepts, each of which attempts to deepen understanding of various ideas presented in the book's first half