Economics Dictionary of ArgumentsHome | |||
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Behavioral economics: Behavioral economics is a field that combines insights from psychology and economics to study how individuals deviate from purely rational decision-making, examining real-world behavior and biases._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Concept | Summary/Quotes | Sources |
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Albert O. Hirschman on Behavioral Economics - Dictionary of Arguments
Brocker I 526 Behavioural Economics/Hirschman: long before modern behavioural economics came onto the scene, Albert O. Hirschman formulated terms that can be used in discussions today. >Terminology/Hirschman: migration, conflict, loyalty. See also Conflicts/Hirschman. For example, emigration of consumers, party members, voters: loyalty delays emigration and makes return more difficult. (1) Example: from the difficult entry into an organization follows a tendency to self-deception about the true quality of the referred achievement. Homo oeconomicus/HirschmanVsTradition: this term dissolves under Hirschman's analyses. He is replaced by the actor whose behaviour is changeable. Brocker I 527 Panther: for a theory of rational action, this is hard to digest. 1. Albert O. Hirschman, Exit, Voice, and Loyalty. Responses to Decline in Firms, Organizations, and States, Cambridge, Mass. 1970. Dt.: Albert O. Hirschman, Abwanderung und Widerspruch. Reaktionen auf Leistungsabfall bei Unternehmungen, Organisationen und Staaten, Tübingen 1974, S. 74-78. 2. Ibid. p. 79. Stephan Panther, „Albert O. Hirschman, Abwanderung und Widerspruch“ in: Manfred Brocker (Hg.) Geschichte des politischen Denkens. Das 20. Jahrhundert. Frankfurt/M. 2018_____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
PolHirschm I Albert O. Hirschman The Strategy of Economic Development New Haven 1958 Brocker I Manfred Brocker Geschichte des politischen Denkens. Das 20. Jahrhundert Frankfurt/M. 2018 |