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...

Full description

Bibliographic Details
Main Author: Sandri, Serena. (Author)
Corporate Author: SpringerLink (Online service)
Format: Electronic
Language:English
Published: Heidelberg : Physica-Verlag HD, 2009.
Series:Contributions to Economics,
Subjects:
Online Access:https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-7908-2092-8
LEADER 03089nam a22004935i 4500
001 7867
003 DE-He213
005 20130725190459.0
007 cr nn 008mamaa
008 100301s2009 gw | s |||| 0|eng d
020 # # |a 9783790820928  |9 978-3-7908-2092-8 
024 7 # |a 10.1007/978-3-7908-2092-8  |2 doi 
050 # 4 |a HB1-846.8 
072 # 7 |a KCA  |2 bicssc 
072 # 7 |a BUS069030  |2 bisacsh 
082 0 4 |a 330.1  |2 23 
100 1 # |a Sandri, Serena.  |e author. 
245 1 0 |a Reflexivity in Economics  |b An Experimental Examination on the Self-Referentiality of Economic Theories /  |c by Serena Sandri.  |h [electronic resource] : 
264 # 1 |a Heidelberg :  |b Physica-Verlag HD,  |c 2009. 
300 # # |b online resource. 
336 # # |a text  |b txt  |2 rdacontent 
337 # # |a computer  |b c  |2 rdamedia 
338 # # |a online resource  |b cr  |2 rdacarrier 
347 # # |a text file  |b PDF  |2 rda 
490 1 # |a Contributions to Economics,  |x 1431-1933 
505 0 # |a Introduction -- 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 -- Conclusion. 
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 Economics. 
650 # 0 |a Science  |x Philosophy. 
650 # 0 |a Social sciences  |x Philosophy. 
650 # 0 |a Economics  |x Methodology. 
650 1 4 |a Economics/Management Science. 
650 2 4 |a Economic Theory. 
650 2 4 |a Methodology and the History of Economic Thought. 
650 2 4 |a Philosophy of Science. 
650 2 4 |a Philosophy of the Social Sciences. 
710 2 # |a SpringerLink (Online service) 
773 0 # |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783790820911 
830 # 0 |a Contributions to Economics,  |x 1431-1933 
856 4 0 |u https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-7908-2092-8 
912 # # |a ZDB-2-SBE 
950 # # |a Business and Economics (Springer-11643)