The market for preferences
Article Abstract:
Learning processes are widely held to be the mechanism by which boundedly rational agents adapt to environmental changes. A market for preferences arises when environmental complexity overwhelms learning possibilities and leads agents to make use of other people's specialized knowledge and decision rules.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2004
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Akerlof and Kranton on identity in economics: inverting the analysis
Article Abstract:
The application of the social identity approach to derive a personal identity objection function is described.The inverse analysis of the sociological approach to identity in recent research on economics is presented.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2007
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Principles of neo-Schumpeterian economics
Article Abstract:
The analysis of the industrial dynamics of public finance and financial markets, based on the principles of neo-Schumpeterian economics, is presented.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2007
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