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Searching for Common Ground: Interactive Agency in Heterodox Economics

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Author Info
Mary V. Wrenn () (Weber State University)
Abstract

The individual, economic agent has antecedents and consequences that shape her perceptions of the world, in other words, form the individual’s mental models. Furthermore, the individual is a totality of mental models, which shape perception and influence the selection of relevant models to apply to data and interpret input. The influence of mental models therefore directly influences the degree of agency the individual is able to exercise. Moreover, whatever assumptions are made regarding the degree of agency an individual possesses informs the theoretical structure from which any approach to economics is built. This paper seeks to examine and compare the role of agency in heterodox economic thought and proposes that the theme of the individual might well serve as a missing link between otherwise disparate groups of thought.

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File URL: http://www.metropolis-publisher.com/Searching-for-Common-Ground%3A-Interactive-Agency-in-Heterodox-Economics/11473/book.do
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Publisher Info
Article provided by Metropolis in its journal Intervention. European Journal of Economics and Economic Policies (subtitle initially: Zeitschrift fuer Oekonomie / Journal of Economics).

Volume (Year): 4 (2007)
Issue (Month): 2 ()
Pages: 253-275
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Handle: RePEc:int:journl:v:4:y:2007:i:2:p:253-275

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Web page: http://www.journal-intervention.org/

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Related research
Keywords: agency; structure; institutions; mental models; heterodox economics;

Find related papers by JEL classification:
B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other

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This page was last updated on 2009-11-29.

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