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Reflexivity in Economics An Experimental Examination on the Self-Referentiality of Economic Theories /

This study discusses the implications of the recursive or self-reflexive effects of economic theories on bounded rational behaviour and interaction. It focuses on the mechanisms through which bounded rational actors perceive the self-referential nature of economic theories and might absorb their pre...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Sandri, Serena (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2009.
Edición:1st ed. 2009.
Colección:Contributions to Economics,
Temas:
Acceso en línea:Texto Completo

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245 1 0 |a Reflexivity in Economics  |h [electronic resource] :  |b An Experimental Examination on the Self-Referentiality of Economic Theories /  |c by Serena Sandri. 
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300 |a XII, 206 p. 30 illus.  |b online resource. 
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490 1 |a Contributions to Economics,  |x 2197-7178 
505 0 |a Reflexivity and Self-Reference -- Reflexivity of Social Reality -- Reflexivity and Predictability of the Social Sciences -- On the Rationality of the Economic Actors -- Heuristics, Biases and Methods for Debiasing -- Self-Referentiality of Economic Theories and Theory Absorption -- On the Absorbability of Economic Theories - An Experimental Analysis. 
520 |a This study discusses the implications of the recursive or self-reflexive effects of economic theories on bounded rational behaviour and interaction. It focuses on the mechanisms through which bounded rational actors perceive the self-referential nature of economic theories and might absorb their prescriptions. As individuals think and are conscious of their thought, reflexivity is potentially involved in all human acts of cognition and in all conceptualizations. Further, the individuals can make use of social theories which can therefore yield recursive effects and interfere with the phenomena they aim to depict. Taking into consideration the bounded rationality of the individuals, this study investigates the modalities by means of which the recursive character of economic theorizing is perceived and the conditions under which economic theories affect behaviour, according to the results of two economic experiments focussing the absorbability of guessing-games' and informational cascades' theories. 
650 0 |a Econometrics. 
650 0 |a Economics-History. 
650 0 |a Science-Philosophy. 
650 0 |a Philosophy and social sciences. 
650 1 4 |a Quantitative Economics. 
650 2 4 |a History of Economic Thought and Methodology. 
650 2 4 |a Philosophy of Science. 
650 2 4 |a Philosophy of the Social Sciences. 
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