Philosophical Problems of Behavioural Economics

Business & Finance, Economics
Cover of the book Philosophical Problems of Behavioural Economics by Stefan Heidl, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Stefan Heidl ISBN: 9781317267836
Publisher: Taylor and Francis Publication: May 5, 2016
Imprint: Routledge Language: English
Author: Stefan Heidl
ISBN: 9781317267836
Publisher: Taylor and Francis
Publication: May 5, 2016
Imprint: Routledge
Language: English

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 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.  

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 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.  

More books from Taylor and Francis

Cover of the book The Letters of Giacomo Leopardi 1817-1837 by Stefan Heidl
Cover of the book Race, Gender, and Class in Criminology by Stefan Heidl
Cover of the book Capital Controls In Emerging Economies by Stefan Heidl
Cover of the book The Extreme Right in Europe by Stefan Heidl
Cover of the book Causation in Insurance Contract Law by Stefan Heidl
Cover of the book Cultural Studies by Stefan Heidl
Cover of the book Mindbrain, Psychoanalytic Institutions, and Psychoanalysts by Stefan Heidl
Cover of the book Christian Democracy in Europe Since 1945 by Stefan Heidl
Cover of the book Classics of International Relations by Stefan Heidl
Cover of the book Tackling Under-performance in Teachers by Stefan Heidl
Cover of the book Latin American Women Writers: An Encyclopedia by Stefan Heidl
Cover of the book Walls That Remain by Stefan Heidl
Cover of the book Japanese Religions Past and Present by Stefan Heidl
Cover of the book Creating a Space to Grow by Stefan Heidl
Cover of the book Security Games by Stefan Heidl
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy