The death and resurrection of 'economics with psychology': remarks from a methodological standpoint
One of the merits of contemporary economic analysis is its capacity to offer accounts of choice behavior that dispense with details of the complex decision machinery. The starting point of this paper is the concern with the important methodological debate about whether economics might offer accurate...
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doaj-005412d310de4e618342301423b34d3e2020-11-24T23:57:13ZengEditora 34Brazilian Journal of Political Economy0101-31571809-45382009-03-01291628110.1590/S0101-31572009000100004The death and resurrection of 'economics with psychology': remarks from a methodological standpointRoberta MuramatsuOne of the merits of contemporary economic analysis is its capacity to offer accounts of choice behavior that dispense with details of the complex decision machinery. The starting point of this paper is the concern with the important methodological debate about whether economics might offer accurate predictions and explanations of actual behavior without any reference to psychological presuppositions. Inspired by an exercise of rational reconstruction of ideas, I aim to offer an interpretation of the process of freeing economic analysis from psychology at the end of the 19th century and the contemporary resurrection of behavioral approaches in the late 1980s.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572009000100004economicspsychologyanomaliespredictionexplanation |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Roberta Muramatsu |
spellingShingle |
Roberta Muramatsu The death and resurrection of 'economics with psychology': remarks from a methodological standpoint Brazilian Journal of Political Economy economics psychology anomalies prediction explanation |
author_facet |
Roberta Muramatsu |
author_sort |
Roberta Muramatsu |
title |
The death and resurrection of 'economics with psychology': remarks from a methodological standpoint |
title_short |
The death and resurrection of 'economics with psychology': remarks from a methodological standpoint |
title_full |
The death and resurrection of 'economics with psychology': remarks from a methodological standpoint |
title_fullStr |
The death and resurrection of 'economics with psychology': remarks from a methodological standpoint |
title_full_unstemmed |
The death and resurrection of 'economics with psychology': remarks from a methodological standpoint |
title_sort |
death and resurrection of 'economics with psychology': remarks from a methodological standpoint |
publisher |
Editora 34 |
series |
Brazilian Journal of Political Economy |
issn |
0101-3157 1809-4538 |
publishDate |
2009-03-01 |
description |
One of the merits of contemporary economic analysis is its capacity to offer accounts of choice behavior that dispense with details of the complex decision machinery. The starting point of this paper is the concern with the important methodological debate about whether economics might offer accurate predictions and explanations of actual behavior without any reference to psychological presuppositions. Inspired by an exercise of rational reconstruction of ideas, I aim to offer an interpretation of the process of freeing economic analysis from psychology at the end of the 19th century and the contemporary resurrection of behavioral approaches in the late 1980s. |
topic |
economics psychology anomalies prediction explanation |
url |
http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572009000100004 |
work_keys_str_mv |
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