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Articles 1 - 30 of 90
Full-Text Articles in Behavioral Economics
Intricacies Of Agency: Rational Choice, Behavioral Economics, And Our Normative Commitments, Max Hendrix
Intricacies Of Agency: Rational Choice, Behavioral Economics, And Our Normative Commitments, Max Hendrix
Fenwick Scholar Program
This project undertakes a philosophical analysis of the intricacies of agency found in rational choice theory - the mainstream economic theory that agents are fundamentally rational and utilize their rationality to identify and pursue their self-interest. Recent experimental evidence within and outside of economics has cast doubt on the psychological accuracy and predictive prowess of the theory, laying the foundation to discuss the strengths and limitations of the theory as well as the impacts that this paradigm of agency has on our society today. I argue that rational choice theory struggles as a holistic conception of agency both from an …
Philosophy Of Agency In Studies Of Alcoholism: A Generalizable Paradigm For Overcoming Spiraling Habits, Paul Patrick De Tournemire
Philosophy Of Agency In Studies Of Alcoholism: A Generalizable Paradigm For Overcoming Spiraling Habits, Paul Patrick De Tournemire
Senior Projects Fall 2023
This study considers several of the most successful attempts to understand alcoholism and some of the more successful rehabilitation strategies from the perspective of the philosophy of agency. Puzzling behaviors of the alcoholic are clarified by considering how an individual’s associations between behavior and reward are impacted by the delay of the particular reward, and how this relation is situated by the sober life that serves as a motivation for the alcoholic to drink. Far from being niche interventions, George Ainslie and Hanna Pickard present notable rehabilitation strategies that could have broad applications, particularly in relation to behaviors that involve …
Tiempo Y Gubernamentalidad: Aproximaciones Al Gobierno Del Tiempo En El Neoliberalismo, Edwin Alexander Hernández Zapata, Mauricio Hernando Bedoya Hernández
Tiempo Y Gubernamentalidad: Aproximaciones Al Gobierno Del Tiempo En El Neoliberalismo, Edwin Alexander Hernández Zapata, Mauricio Hernando Bedoya Hernández
The Qualitative Report
En este trabajo problematizamos los diagnósticos sobre gubernamentalidad neoliberal, analizando las formas en que hoy son dirigidas las conductas de los sujetos con base en ritmos caracterizados por la velocidad, el presentismo y la competencia. Estudiar estas formas marcan un precedente para el abordaje de los procesos de subjetivación contemporánea a partir de la analítica de la temporalidad. Así, la pregunta de investigación que guía este trabajo es la siguiente: ¿Cómo los diagnósticos sobre la racionalidad neoliberal describen la experiencia del tiempo que tienen los sujetos contemporáneos? Utilizamos el método histórico crítico, específicamente lo que Foucault denominó ontología del presente, …
No Need For Certainty In Animal Sentience, Yew Kwang Ng
No Need For Certainty In Animal Sentience, Yew Kwang Ng
Animal Sentience
This commentary supports Crump et al.’s (2022) point that where risks to welfare are severe, strong evidence of sentience is sufficient to warrant protecting welfare. Crump et al.’s eight criteria for sentience are also useful. Flexible decision-making (5) and flexible behaviour (6) are consistent with Ng (1995). The concession that the “no-need-for-sentience” proposition is unnecessary also strengthens the importance of the target article’s conclusions.
Why Do Rich People Not Retire?, Xiya Li
Why Do Rich People Not Retire?, Xiya Li
Scripps Senior Theses
Work and leisure are central to the human condition. Scholars from many fields have tried to understand why Americans work so much. Many people believe that when they have enough money, they will retire. However, many people are not willing to retire even if they have enough money to do so. Most people who do not have enough money to retire do not even get any amount of leisure from their jobs. If the view that enough money directly leads to retirement is wrong, then it is time to reconsider using this logic to think of the possibility of retiring. …
Mechanisms Of Value-Biased Prioritization In Fast Sensorimotor Decision Making, Kivilcim Afacan-Seref
Mechanisms Of Value-Biased Prioritization In Fast Sensorimotor Decision Making, Kivilcim Afacan-Seref
Dissertations and Theses
In dynamic environments, split-second sensorimotor decisions must be prioritized according to potential payoffs to maximize overall rewards. The impact of relative value on deliberative perceptual judgments has been examined extensively, but relatively little is known about value-biasing mechanisms in the common situation where physical evidence is strong but the time to act is severely limited. This research examines the behavioral and electrophysiological indices of how value biases split-second perceptual decisions and the possible mechanisms underlying the process. In prominent decision models, a noisy but statistically stationary representation of sensory evidence is integrated over time to an action-triggering bound, and value-biases …
Counterfactual Conditional Analysis Using The Centipede Game, Ahmed Bilal
Counterfactual Conditional Analysis Using The Centipede Game, Ahmed Bilal
CMC Senior Theses
The Backward Induction strategy for the Centipede Game leads us to a counterfactual reasoning paradox, The Centipede Game paradox. The counterfactual reasoning proving the backward induction strategy for the game appears to rely on the players in the game not choosing that very same backward induction strategy. The paradox is a general paradox that applies to backward induction reasoning in sequential, perfect information games. Therefore, the paradox is not only problematic for the Centipede Game, but it also affects counterfactual reasoning solutions in games similar to the Centipede Game. The Centipede Game is a prime illustration of this paradox in …
Abandoning The Dream Of Omnipotence: On Autonomy And Self-Binding, Charlie Coil
Abandoning The Dream Of Omnipotence: On Autonomy And Self-Binding, Charlie Coil
Graduate Theses and Dissertations
I offer a prolegomenon to the philosophical study of a uniquely human activity—the self-binding act. This philosophical interest directly connects with the Enlightenment project of centralizing personal autonomy and individual freedom as primary values of personhood. Self-binding represents an easily referenced action that introduces a possible clash between autonomy and freedom on the one hand seen as in conflict with other ancient basic human values like self-control and avoiding akrasia. This dissertation investigates the inverted manner whereby an act of self-binding, which voluntarily and effectively limits a person’s options, can end up augmenting rather than interfering with personal autonomy. I …
The Ethical Challenges Of The Marketplace, Eduardo M. Peñalver
The Ethical Challenges Of The Marketplace, Eduardo M. Peñalver
Cornell Journal of Law and Public Policy
No abstract provided.
The Mall Ain’T Dead Yet! An Aristotelian Argument For The Continuation Of Physical Retail Space With The Rise Of Modern Technology, Tarah Gilbreth
The Mall Ain’T Dead Yet! An Aristotelian Argument For The Continuation Of Physical Retail Space With The Rise Of Modern Technology, Tarah Gilbreth
CMC Senior Theses
According to Aristotle, for a human being to live their best life, that is a life that flourishes, is to live a political life. A political life is lived best in a polis , or a self - sufficient community, so therefore, the most flourishing human life is one lived in a polis . Also, for a polis to be self - sufficient, its citizens must be flourishing, so there exists a special sort of constitutive relationship between the polis and its citizens. There are certain capacities available to human beings in the polis that promote their flourishing (namely loyalty …
The Inevitability And Ubiquity Of Cycling In All Feasible Legal Regimes: A Formal Proof, Leo Katz, Alvaro Sandroni
The Inevitability And Ubiquity Of Cycling In All Feasible Legal Regimes: A Formal Proof, Leo Katz, Alvaro Sandroni
All Faculty Scholarship
Intransitive choices, or cycling, are generally held to be the mark of irrationality. When a set of rules engenders such choices, it is usually held to be irrational and in need of reform. In this article, we prove a series of theorems, demonstrating that all feasible legal regimes are going to be rife with cycling. Our first result, the legal cycling theorem, shows that unless a legal system meets some extremely restrictive conditions, it will lead to cycling. The discussion that follows, along with our second result, the combination theorem, shows exactly why these conditions are almost impossible to meet. …
Aggregating Moral Preferences, Matthew D. Adler
Aggregating Moral Preferences, Matthew D. Adler
Faculty Scholarship
Preference-aggregation problems arise in various contexts. One such context, little explored by social choice theorists, is metaethical. “Ideal-advisor” accounts, which have played a major role in metaethics, propose that moral facts are constituted by the idealized preferences of a community of advisors. Such accounts give rise to a preference-aggregation problem: namely, aggregating the advisors’ moral preferences. Do we have reason to believe that the advisors, albeit idealized, can still diverge in their rankings of a given set of alternatives? If so, what are the moral facts (in particular, the comparative moral goodness of the alternatives) when the advisors do diverge? …
Allowing Patients To Waive The Right To Sue For Medical Malpractice: A Response To Thaler And Sunstein, Tom Baker, Timothy D. Lytton
Allowing Patients To Waive The Right To Sue For Medical Malpractice: A Response To Thaler And Sunstein, Tom Baker, Timothy D. Lytton
Timothy D. Lytton
This essay critically evaluates Richard Thaler and Cass Sunstein’s proposal to allow patients to prospectively waive their rights to bring a malpractice claim, presented in their recent, much acclaimed book, Nudge: Improving Decisions about Health, Wealth and Happiness. We show that the behavioral insights that undergird Nudge do not support the waiver proposal. In addition, we demonstrate that Thaler and Sunstein have not provided a persuasive cost-benefit justification for the proposal. Finally, we argue that their liberty-based defense of waivers rests on misleading analogies and polemical rhetoric that ignore the liberty and other interests served by patients’ tort law rights. …
The Common Sense Of Contract Formation, Tess Wilkinson-Ryan, David A. Hoffman
The Common Sense Of Contract Formation, Tess Wilkinson-Ryan, David A. Hoffman
All Faculty Scholarship
What parties know and think they know about contract law affects their obligations under the law and their intuitive obligations toward one another. Drawing on a series of new experimental questionnaire studies, this Article makes two contributions.First, it lays out what information and beliefs ordinary individuals have about how to form contracts with one another. We find that the colloquial understanding of contract law is almost entirely focused on formalization rather than actual assent, though the modern doctrine of contract formation takes the opposite stance. The second Part of the Article tries to get at whether this misunderstanding matters. Is …
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Justin Schwartz
Why are most capitalist enterprises of any size organized as authoritarian bureaucracies rather than incorporating genuine employee participation that would give the workers real authority? Even firms with employee participation programs leave virtually all decision-making power in the hands of management. The standard answer is that hierarchy is more economically efficient than any sort of genuine participation, so that participatory firms would be less productive and lose out to more traditional competitors. This answer is indefensible. After surveying the history, legal status, and varieties of employee participation, I examine and reject as question-begging the argument that the rarity of genuine …
Happiness Surveys And Public Policy: What’S The Use?, Matthew D. Adler
Happiness Surveys And Public Policy: What’S The Use?, Matthew D. Adler
All Faculty Scholarship
This Article provides a comprehensive, critical overview of proposals to use happiness surveys for steering public policy. Happiness or “subjective well-being” surveys ask individuals to rate their present happiness, life-satisfaction, affective state, etc. A massive literature now engages in such surveys or correlates survey responses with individual attributes. And, increasingly, scholars argue for the policy relevance of happiness data: in particular, as a basis for calculating aggregates such as “gross national happiness,” or for calculating monetary equivalents for non-market goods based on coefficients in a happiness equation.
But is individual well-being equivalent to happiness? The happiness literature tends to blur …
Mindscapes And Landscapes: Hayek And Simon On Cognitive Extension, Leslie Marsh
Mindscapes And Landscapes: Hayek And Simon On Cognitive Extension, Leslie Marsh
Leslie Marsh
Hayek’s and Simon’s social externalism runs on a shared presupposition: mind is constrained in its computational capacity to detect, harvest, and assimilate “data” generated by the infinitely fine-grained and perpetually dynamic characteristic of experience in complex social environments. For Hayek, mind and sociality are co-evolved spontaneous orders, allowing little or no prospect of comprehensive explanation, trapped in a hermeneutically sealed, i.e. inescapably context bound, eco-system. For Simon, it is the simplicity of mind that is the bottleneck, overwhelmed by the ambient complexity of the environmental. Since on Simon’s account complexity is unidirectional, Simon is far more ebullient about the prospects …
Forced Displacement In Colombia, Fernando Estrada
Forced Displacement In Colombia, Fernando Estrada
Fernando Estrada
No abstract provided.
El Individuo Y La Comunidad. Aeon J. Skoble, Mario Šilar
El Individuo Y La Comunidad. Aeon J. Skoble, Mario Šilar
Mario Šilar
No abstract provided.
El Fracaso: Su Utilidad Personal Y Social, Mario Šilar
El Fracaso: Su Utilidad Personal Y Social, Mario Šilar
Mario Šilar
No abstract provided.
Legal Promise And Psychological Contract, Tess Wilkinson-Ryan
Legal Promise And Psychological Contract, Tess Wilkinson-Ryan
All Faculty Scholarship
No abstract provided.
Stigmergy 3.0: From Ants To Economies, Leslie Marsh, Margery Doyle
Stigmergy 3.0: From Ants To Economies, Leslie Marsh, Margery Doyle
Leslie Marsh
No abstract provided.
Los Modelos De Equilibrio General: La Revisión De Chancelier Y Una Crítica A Debreu Y Mckenzie, Rodrigo Lopez-Pablos
Los Modelos De Equilibrio General: La Revisión De Chancelier Y Una Crítica A Debreu Y Mckenzie, Rodrigo Lopez-Pablos
Lopez-Pablos, Rodrigo
A revision on general equilibrium theory from an entropic perspective. JEL CLASSIFICATION: D50, O21, Z19
Free The Market. Peter J. Boettke. Spanish Translation, Mario Šilar
Free The Market. Peter J. Boettke. Spanish Translation, Mario Šilar
Mario Šilar
No abstract provided.
How Much Does A Belief Cost?: Revisiting The Marketplace Of Ideas, Gregory Brazeal
How Much Does A Belief Cost?: Revisiting The Marketplace Of Ideas, Gregory Brazeal
Gregory Brazeal
Justice Oliver Wendell Holmes, Jr. is often credited with creating the metaphor of “the marketplace of ideas,” though he did not use the exact phrase and his argument for free speech was not based on distinctively economic reasoning. Truly economic investigations of the marketplace of ideas have progressed in step with developments and trends in the law and economics literature. These investigations have tended to be one-sided, with writers focusing primarily either on the production of ideas (for example, Posner) or their consumption (for example, behavioral law and economics), without considering in depth how producers and consumers interact. This may …
Natural Law Bibliography 1990-2010, Mario Šilar
Antropología Filosófica Cristiana Y Economía De Mercado (Review). Revista Empresa Y Humanismo, Xiv/2, 2011, Pp. 121-127., Mario Šilar
Mario Šilar
No abstract provided.
"Faraway So Close". Maestros Y Discípulos En La Era Digital, Mario Šilar
"Faraway So Close". Maestros Y Discípulos En La Era Digital, Mario Šilar
Mario Šilar
No abstract provided.
The Call Of The Entrepreneur (Acton Media): Un Análisis, Mario Šilar
The Call Of The Entrepreneur (Acton Media): Un Análisis, Mario Šilar
Mario Šilar
No abstract provided.
The Economics Of Caring And Sharing. D.R. Lee. Spanish Translation, Mario Šilar
The Economics Of Caring And Sharing. D.R. Lee. Spanish Translation, Mario Šilar
Mario Šilar
No abstract provided.