Philosophical Problems Of Behavioural Economics (routledge Inem Advances In Economic Methodology)
by Stefan Heidl /
2016 / English / PDF
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The goal of behavioural economics is to improve the explanatory
and predictive power of economics. This can be achieved by using
theoretical and methodological resources of psychology. Its
fundamental idea is that the relationship between psychology and
economics cannot be subsumed under standard philosophical
accounts of intertheoretical relations.
The goal of behavioural economics is to improve the explanatory
and predictive power of economics. This can be achieved by using
theoretical and methodological resources of psychology. Its
fundamental idea is that the relationship between psychology and
economics cannot be subsumed under standard philosophical
accounts of intertheoretical relations.Philosophical Problems of Behavioural Economics
Philosophical Problems of Behavioural Economics argues
that behavioural economics is best understood as an attempt to
deidealize economic theory guided by psychological research.
Behavioural economics deconstructs the model of decision-making
by adding different elements. Based on this understanding
behavioural economics has a number of tasks: first, it has to
identify which economic theory needs to be challenged; second it
aims to identify factors which need to be modelled within
economic theories of choice and modify the theory accordingly;
and finally, it has to create models that explain economic
phenomena based on the new theory. This book analyses the
different stages of this deconstruction process and shows how the
scientific disciplines of economics and psychology are connected
by it.
argues
that behavioural economics is best understood as an attempt to
deidealize economic theory guided by psychological research.
Behavioural economics deconstructs the model of decision-making
by adding different elements. Based on this understanding
behavioural economics has a number of tasks: first, it has to
identify which economic theory needs to be challenged; second it
aims to identify factors which need to be modelled within
economic theories of choice and modify the theory accordingly;
and finally, it has to create models that explain economic
phenomena based on the new theory. This book analyses the
different stages of this deconstruction process and shows how the
scientific disciplines of economics and psychology are connected
by it.
This volume develops a new account of intertheoretical relations
based on the idea of deidealization and thus contributes to
debates within the philosophy of social science. It is suitable
for those who are interested in or study economic theory and
philosophy, economic psychology and philosophy of social science.
This volume develops a new account of intertheoretical relations
based on the idea of deidealization and thus contributes to
debates within the philosophy of social science. It is suitable
for those who are interested in or study economic theory and
philosophy, economic psychology and philosophy of social science.