Screen LibraryEconomizing mind, 1870-2015 : when economics and psychology met ... or didn't /
Economists and psychologists share an interest in explaining how people make the choices that they do. However, economists have tended to stress individual rationality, shaped by economic motives and expressed in formal logical or mathematical models, while psychologists have preferred to identify i...
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| Group Author: | ; |
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| Published: |
Duke University Press,
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| Publisher Address: | Durham, NC : |
| Publication Dates: | 2016. |
| Literature type: | Book |
| Language: | English |
| Series: |
Annual supplement to History of political economy,
volume 48 |
| Subjects: | |
| Summary: |
Economists and psychologists share an interest in explaining how people make the choices that they do. However, economists have tended to stress individual rationality, shaped by economic motives and expressed in formal logical or mathematical models, while psychologists have preferred to identify influences through experimentation. In recent decades, behavioral economics has bridged the two fields and challenged the traditional economic assumption that individuals choose rationally. The essays collected here provide a longer view and reflect on episodic contact between psychology and economics beginning in the late nineteenth century. They help explain why meaningful, sustained joint inquiry eluded both disciplines for so long and usefully complement the recent inclination of researchers in each field to find inadequacy in the other. |
| Item Description: | Annual supplement to volume 48, History of political economy. |
| Carrier Form: | vi, 346 pages : illustrations ; 24 cm. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: |
9780822363897 0822363895 |
| Index Number: | HB74 |
| CLC: | F0-05 |
| Call Number: | F0-05/E198-1 |
| Contents: | Introduction / Marina Bianchi and Neil De Marchi -- Letts calculate: moral accounting in the Victorian period / Harro Maas -- War of the ghosts: Marshall, Veblen, and Bartlett / Simon J. Cook and Titiana Foresti -- Economics and psychology: why the great divide? / Craufurd D. Goodwin -- Bahaviorism and control in the history of economics and plychology / José Edwards -- Implementation rationality: the nexus of psychology and economics at the RAND Logistics Systems Laboratory, 1956-1966 / Judy L. Klein -- Psychology fails to trump the multiyear, structural development plan: Albert Hirschman's largely frustrated efforts to place the "Ability to make and carry out development decisions" at the Center of Development Economics of the late 1950s and the 1960s / Neil De Marchi -- Measuring the economizing mind in the 1940s and the 1950s: the Mosteller0-Nogee and Davidson-Suppes_siegel experiments to measure the utility of money / Ivan Moscati -- The Sidney Siegel tradition: the divergence of behavioral and experimental economics and the end of the 1980s / Angrej Svorenčík -- The economics of motivations: Tibor Scitovsky and Daniel Berlyne / Marina Bianchi -- Theoretical behaviorism: economic theory and choic / John Staddon. |