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Striving for balance in economics: Towards a theory of the social determination of behavior
- Source :
- Striving for Balance in Economics: Towards a Theory of the Social Determination of Behavior
- Publication Year :
- 2016
- Publisher :
- Elsevier BV, 2016.
-
Abstract
- This paper is an attempt to broaden economic discourse by importing insights into human behavior not just from psychology, but also from sociology and anthropology. Whereas the concept of the decision-maker in standard economics is the rational actor and, in early work in behavioral economics, the quasi-rational actor influenced by the context of the moment of decision-making, in some recent work in behavioral economics the decision-maker could be called the enculturated actor. This actor's preferences, perception, and cognition are subject to two deep social influences: (a) the social contexts to which he has become exposed and, especially, accustomed; and (b) the cultural mental models—including categories, identities, narratives, and worldviews—that he uses to process information. The paper traces how these factors shape individual behavior through the endogenous determination of preferences and the lenses through which individuals see the world—their perception and interpretation of situations. The paper offers a tentative taxonomy of the social determinants of behavior and describes the results of controlled and natural experiments that only a broader view of these determinants can plausibly explain. The perspective suggests more realistic models of human behavior for explaining outcomes and designing policies.
- Subjects :
- Economics
MEDIA INFLUENCES
CHILDREN
ECONOMIC BEHAVIOR
TROPICAL ISLAND
Behavioral economics
CULTURE
Social group
CONSUMPTION PATTERNS
Sociology
DEPENDENCE
EXTERNALITIES
HUMANITIES
050207 economics
EMISSIONS
Sex role
ASSOCIATIONS
UNEMPLOYMENT
PERSONALITY
INVESTMENTS
PSYCHOLOGICAL TESTS
VALUES
OPERA
SOCIAL INTERACTIONS
WOMEN
SCIENCE
THOUGHT
BUILDING
INCENTIVES
ABILITY
HABITS
REASONING
SOCIAL COGNITION
GROUPS
role model
AGGRESSION
Framing
ANTHROPOLOGY
BEHAVIOR
Social structure
TELEVISION
BEHAVIORAL SCIENCES
TECHNOLOGICAL CHANGE
MODELS
Endogenous preferences
ROLE
CULTURES
Behavioural sciences
behavioral economics
BASIC
DRAMA
ECOLOGY
SCHOOLS
FISH
SOCIAL SCIENCES
PRICES
WAGES
Social cognition
0502 economics and business
ENCULTURATION
EXPLOITATION
LANGUAGES
PROPERTY RIGHTS
HUMAN BEHAVIOR
DECISION‐MAKING
CARBON EMISSIONS
ENVIRONMENT
FEELINGS
SOCIAL PSYCHOLOGY
BEHAVIORAL DEVELOPMENT
MEMORY
BELIEF SYSTEMS
CONDITIONS
TRADITIONS
CONSUMPTION
COIN
THINKING
DEBT
TRADE
Epistemology
EXPERIENCE
PROPERTY
COGNITIVE PROCESSES
LITERATURE
ENVIRONMENTS
PRESS
Economics--Psychological aspects
PERCEPTIONS
RESOURCES
Culture
CLIMATE CHANGE
DEMAND CURVES
LANGUAGE
INTELLIGENCE
ECONOMIC ACTIVITY
MASCULINITY
INTERACTIONS
CULTURAL FACTORS
RITUALS
SPORTS
COGNITIVE ABILITY
CARBON
ECONOMIC INCENTIVES
UTILITY FUNCTIONS
RELATIONSHIPS
BELIEFS
HISTORY
050602 political science & public administration
ETHNOGRAPHY
MULTIPLIERS
Social influence
POSITIVE ECONOMICS
COGNITIVE PSYCHOLOGY
EFFORT
05 social sciences
PRIMING
FOS: Sociology
TIME
0506 political science
BIAS
CULTURAL CONTEXT
ECOLOGICAL CONDITIONS
WELFARE FUNCTION
Role model
INVOLUNTARY UNEMPLOYMENT
ECONOMIC POLICIES
ACTIVITY
ECONOMIC MODELS
TRUSTS
Social psychology
Organizational Behavior and Human Resource Management
Economics and Econometrics
CONCEPTS
INFORMATION PROCESSING
LEARNING
CREDIT
PSYCHOLOGY
ESSAYS
FINANCIAL RESOURCES
RATIONAL EXPECTATIONS
PSYCHOLOGIST
CULTURAL RESEARCH
EXPECTATIONS
sociology
PERCEPTION
RADIO
UNDERSTANDING
PSYCHOLOGISTS
WELFARE ECONOMICS
ATTENTION
Gender
PUBLISHING
DIVISION OF LABOR
MOTIVATION
Social learning
PUBLIC GOODS
INDIVIDUAL BEHAVIOR
SOCIAL CAPITAL
SOCIAL STRUCTURES
INDIVIDUALS
MASS MEDIA
COGNITION
GENDER
Subjects
Details
- ISSN :
- 01672681
- Volume :
- 126
- Database :
- OpenAIRE
- Journal :
- Journal of Economic Behavior & Organization
- Accession number :
- edsair.doi.dedup.....74b4f76cf67d7c7f7abd1ffecbad7b78