Hostname: page-component-7c8c6479df-p566r Total loading time: 0 Render date: 2024-03-29T10:59:59.686Z Has data issue: false hasContentIssue false

Economics is all over the map

Published online by Cambridge University Press:  26 February 2014

Don Ross*
Affiliation:
School of Economics, University of Cape Town, Private bag, Rondebosch 7701, Cape Town, South Africa. don.ross@uct.ac.zahttp://uct.academia.edu/DonRoss

Abstract

Bentley et al. say that economics is the science of their map's northwest quadrant, where choice is individual and transparent. This accepts the picture of the discipline common among behavioral economists who aim to drag economics southward but not eastward. In fact, leading economics journals regularly publish models located in all four quadrants, and the prominence of work from the eastern zone is increasing.

Type
Open Peer Commentary
Copyright
Copyright © Cambridge University Press 2014 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Angner, E. (2012) A course in behavioral economics. Palgrave Macmillan.Google Scholar
Angner, E. & Loewenstein, G. (2012) Behavioral economics. In: Philosophy of economics, ed. Mäki, U., pp. 641–89. Elsevier.CrossRefGoogle Scholar
Ariely, D. (2008) Predictably irrational: The hidden forces that shape our decisions. Harper Collins.Google Scholar
Carlsson, H. & van Damme, E. (1993) Global games and equilibrium selection. Econometrica 61:9891018.Google Scholar
Colander, D., ed. (1996) Beyond microfoundations. Cambridge University Press.CrossRefGoogle Scholar
Cox, J. & Harrison, G., eds. (2008) Risk aversion in experiments. Emerald Group.Google Scholar
Frydman, R., & Goldberg, M. (2007) Imperfect knowledge economics. Princeton University Press.Google Scholar
Goyal, S. (2007) Connections: An introduction to the economics of networks. Princeton University Press.CrossRefGoogle Scholar
Morris, S. & Shin, H.-S. (2003) Global games: Theory and applications. In: Advances in economics and econometrics, vol. 1: Theory and applications, Eighth World Congress, ed. Dewatripont, M., Hansen, L. & Turnovsky, S., pp. 56114. Cambridge University Press.Google Scholar
Samuelson, P. (1947) Foundations of economic analysis. Enlarged edition (1983). Harvard University Press.Google Scholar
Savage, L (1954) The foundations of statistics. Wiley.Google Scholar
Smith, V. (2008) Rationality in economics. Cambridge University Press.Google Scholar
Timbeau, X. (2012) The fireman and the architect. In: What's right with macroeconomics?, ed. Solow, R. & Touffut, J.-P., pp. 832. Edward Elgar.Google Scholar