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Persuasion, psychology and public choice

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  • Munger, Michael C.
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    Abstract

    There has been a division of labor in the “behavioral sciences”. This is perhaps most striking in two of the largest behavioral disciplines, economics and psychology. Since 1990, a number of economists have crossed this boundary. But James Buchanan was one of the first economists to take the problem of moral intuitions and the origins of preferences seriously, and to treat them analytically.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

    Volume (Year): 80 (2011)
    Issue (Month): 2 ()
    Pages: 290-300

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    Handle: RePEc:eee:jeborg:v:80:y:2011:i:2:p:290-300

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    Web page: http://www.elsevier.com/locate/jebo

    Related research

    Keywords: Public choice; Psychology; Rational choice theory; Behaviorism;

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    1. Denzau, Arthur T & North, Douglass C, 1994. "Shared Mental Models: Ideologies and Institutions," Kyklos, Wiley Blackwell, Wiley Blackwell, vol. 47(1), pages 3-31.
    2. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 69, pages 213.
    3. Matthew Rabin, 1998. "Psychology and Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 11-46, March.
    4. Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, American Economic Association, vol. 62(5), pages 777-95, December.
    5. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    6. James M. Buchanan, 1954. "Social Choice, Democracy, and Free Markets," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 62, pages 114.
    7. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, Econometric Society, vol. 47(2), pages 263-91, March.
    8. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 65, pages 135.
    9. Jones, Larry E, 1988. "The Characteristics Model, Hedonic Prices, and the Clientele Effect," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 96(3), pages 551-67, June.
    10. Kenneth Arrow, 1996. "The economics of information: An exposition," Empirica, Springer, Springer, vol. 23(2), pages 119-128, June.
    11. Banks, Jeffrey S., 1990. "A model of electoral competition with incomplete information," Journal of Economic Theory, Elsevier, Elsevier, vol. 50(2), pages 309-325, April.
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