Identity, Capabilities, and Changing Economics

Released on by John B. Davis
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  • Identity, Capabilities, and Changing Economics Book Detail

  • Author : John B. Davis
  • Release Date : 2024-02
  • Publisher : Cambridge University Press
  • Genre : Business & Economics
  • Pages : 303
  • ISBN 13 : 1009438239
  • File Size : 36,36 MB
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Identity, Capabilities, and Changing Economics by John B. Davis PDF Summary

Book Description: Mainstream economics assumes economic agents act and make decisions to maximize their utility. This model of economic behavior, based on rational choice theory, has come under increasing attack in economics because it does not accurately reflect the way people behave and reason. The shift towards a more realistic account of economic agents has been mostly associated with the rise of behavioral economics, which views individuals through the lens of bounded rationality. Identity, Capabilities, and Changing Economics goes further and uses identity analysis to build on this critique of the utility conception of individuals, arguing it should be replaced by a conception of economic agents in an uncertain world as socially embedded and identified with their capabilities. Written by one of the world's leading philosophers of economics, the book develops a new approach to economics' theory of the individual, explaining individuals as adaptive and reflexive rather than utility maximizing.

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Individuals and Identity in Economics

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Total View : 8952 Views
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This book examines the different conceptions of the individual that have emerged in recent new approaches in economics, including behavioral economics, experime

Individuals and Identity in Economics

Individuals and Identity in Economics

File Size : 25,25 MB
Total View : 2163 Views
DOWNLOAD

This book examines the different conceptions of the individual that have emerged in recent new approaches in economics, including behavioral economics, experime