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http://hdl.handle.net/10609/93061
Title: Microfoundations, behaviour, and evolution: Evidence from experiments
Author: Bogliacino, Francesco
Codagnone, Cristiano
Others: Universitat Oberta de Catalunya (UOC)
Universidad Nacional de Colombia
Keywords: bounded rationality
experiments
causality
heuristics
learning
norms
trust
punishment
altruism
Issue Date: 1-Nov-2017
Publisher: Structural Change and Economic Dynamics
Citation: Bogliacino, F. & Codagnone, C. (2017). Microfoundations, behaviour, and evolution: Evidence from experiments. Structural Change and Economic Dynamics, (), -. doi: 10.1016/j.strueco.2017.11.003
Also see: https://doi.org/10.1016/j.strueco.2017.11.003
Abstract: The article discusses whether and to what extent experiments can contribute to a research paradigm based on the study of human behaviour in complex evolving environments and on the problem of asymmetric adjustment among different components of economic system along certain trajectories, focusing on the possibility that experimental evidence may represent an external consistency check on this type of heterodox modelling.It considers the evidence on rationality of human agents, and the possibility to identify a microfoundation alternative to homo oeconomicus, discussing the evidence on humans as strong reciprocators, as trusting individuals and as embedded in social norms.
Language: English
URI: http://hdl.handle.net/10609/93061
ISSN: 0954-349XMIAR
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