The market for preferences

Article Abstract:

Learning processes are widely held to be the mechanism by which boundedly rational agents adapt to environmental changes. A market for preferences arises when environmental complexity overwhelms learning possibilities and leads agents to make use of other people's specialized knowledge and decision rules.

United Kingdom, Influence, Habitat (Ecology), Habitat modification

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Akerlof and Kranton on identity in economics: inverting the analysis

Article Abstract:

The application of the social identity approach to derive a personal identity objection function is described.The inverse analysis of the sociological approach to identity in recent research on economics is presented.

Netherlands, Economic research, Identification (Psychology)

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Principles of neo-Schumpeterian economics

Article Abstract:

The analysis of the industrial dynamics of public finance and financial markets, based on the principles of neo-Schumpeterian economics, is presented.

Germany, Industrial development, Industrialization

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