Arbeitspapier

How mindless is standard economics really?

Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is incomplete. That is, it has content that can not be revealed with any general choice procedure.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 09-17

Classification
Wirtschaft
Relation of Economics to Other Disciplines
Economic Methodology
Data Collection and Data Estimation Methodology; Computer Programs: General
Design of Experiments: General
Welfare Economics: General
Information, Knowledge, and Uncertainty: General
Neuroeconomics
Subject
revealed preference
theory of choice
neuroeconomics
non-choice evidence
machines

Event
Geistige Schöpfung
(who)
Schipper, Burkhard C.
Event
Veröffentlichung
(who)
University of California, Department of Economics
(where)
Davis, CA
(when)
2009

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Schipper, Burkhard C.
  • University of California, Department of Economics

Time of origin

  • 2009

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