Behavioural Rules

Veblen, Nelson–Winter, Ostrom and beyond

Authored by: Georg Blind

Routledge Handbook of Behavioral Economics

Print publication date:  July  2016
Online publication date:  August  2016

Print ISBN: 9781138821149
eBook ISBN: 9781315743479
Adobe ISBN: 9781317589242


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Any economist will agree with the definition of the discipline as the study of the behaviour of agents under conditions of scarcity. Anything beyond this common denominator, however, is subject to debate. Opinions start to diverge when economic behaviour is to be explained. For long and for many, the behaviour of economic agents has been understood as being driven by the pursuit of self-interest and as being guided by the rule of law.

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