Buch(elektronisch)2024

Economics and Psychology: An Uneasy History

In: Routledge Advances in Behavioural Economics and Finance Series

Drakopoulos, Stavros; Katselidis, Ioannis

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Abstract

Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Dedication -- Contents -- Acknowledgements -- 1. Introduction -- Chapter Outlines -- 2. The Philosophical and Psychological Background: British Empiricism and Psychological Hedonism -- Introduction -- British Empiricism -- Bentham's Utilitarianism -- Associationism -- Conclusions -- 3. Classical Economists: Psychological Assumptions and Economic Motives -- Introduction -- Adam Smith (1723-1790) -- Other Classical Economists: Whately, Longfield, Cairnes, Senior, and Rae -- John Stuart Mill (1806-1873) -- Conclusions -- 4. The Precursors of Marginalists: Utility and the Subjective/Psychological Theory of Value -- Introduction -- Three Main Precursors: Lloyd, Banfield, and Gossen -- The Work of Richard Jennings: The Peak of the Early Interaction between Economics and Psychology -- Conclusions -- 5. Economics and Psychology during and after the Marginal Revolution -- Introduction -- First Marginalist Generation: Homo Economicus -- Psychological Hedonism in Early Neoclassical Economics -- The Emergence of the Paretian Turn -- Anti-Psychologism: The Completion of the Paretian Turn -- Conclusions -- 6. The Role of Psychology in the Non-Mainstream Tradition: Old Institutionalists, Herbert Simon, and Other Dissenters -- Introduction -- Thorstein Veblen (1857-1929): Critique and Alternatives to Hedonistic Psychology -- Old Institutionalist Economics and Psychology -- J. M. Keynes (1883-1946) and Psychological Processes -- The Psychological Economics of George Katona (1901-1981) -- The Behavioural Economics of Harvey Leibenstein (1922-1994) -- Herbert Simon (1916-2001): Procedural Rationality -- Tibor Scitovsky (1910-2002): Lessons from Psychology -- Social Status: James Duesenberry (1918-2009) and Fred Hirsch (1931-1978) -- Conclusions -- 7. Economics and Psychology: Current Trends.