Reasoning in economics and psychology: why social context matters

Article Abstract:

There is a debate in both economics and psychology on the extent to which humans are capable of rationality. Neoclassical economics, for example, assumes that economic actors make rational decisions. Research in both psychology and economics points to the importance of context in experiments. There is a need for economists to carry out more research on context and content. Economists should reassess the practice of using content-free or abstract settings for their experiments.

Psychological aspects, Research, Analysis, Economic research, Experimental design, Research design, Reason

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Inclusive and exclusive social capital in the small-firm sector in developing countries

Article Abstract:

The importance of social capital in small businesses in developing economies is examined in detail. ideas of social capital and their links with networks are assessed.

Social aspects, Infrastructure (Economics), Small business

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A theoretical model of optimal forest resource regimes in developing economies

Article Abstract:

Forestry policy is examined in detail in relation to developing economies, with a stress on institutional structures and variations in socioeconomic conditions.

FORESTRY, Forestry and Logging, Economic policy, Forests and forestry, Forests

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