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Economics and psychology in the twenty-first century

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  • Peter E. Earl

Abstract

This paper begins by exploring four different possible forms of relationship between economics and psychology, which have different connotations in terms of the relative status of the two disciplines. It then focuses on the future for one of these, psychological economics. After setting out the hardcore axioms and positive and negative heuristics of a research programme in psychological economics, it explores institutional and psychological barriers to the success of such a research programme in the context of both research and teaching. Copyright 2005, Oxford University Press.

Suggested Citation

  • Peter E. Earl, 2005. "Economics and psychology in the twenty-first century," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(6), pages 909-926, November.
    • Handle: RePEc:oup:cambje:v:29:y:2005:i:6:p:909-926
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    File URL: http://hdl.handle.net/10.1093/cje/bei077
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    Cited by:

    1. Desmarchelier, Benoit & Qian, Lixian & Fang, Eddy S., 2018. "Preference reversals in decisions that matter: Education choices in China," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 77(C), pages 122-128.
    2. Richard Whittle & Thomas Davies & Matthew Gobey & John Simister, 2014. "Behavioural Economics and House Prices: A Literature Review," Business and Management Horizons, Macrothink Institute, vol. 2(2), pages 15-28, December.
    3. Fellner, Wolfgang & Goehmann, Benedikt, 2017. "Human Needs and the Measurement of Welfare," SRE-Discussion Papers 2017/07, WU Vienna University of Economics and Business.
    4. Spash, Clive L., 2012. "Ecological Economics and Philosophy of Science: Ontology, Epistemology, Methodology and Ideology," SRE-Discussion Papers 2012/03, WU Vienna University of Economics and Business.
    5. William A. Jackson, 2013. "The desocialising of economic theory," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 40(9), pages 809-825, July.
    6. Michaël Lainé, 2016. "The heterogeneity of animal spirits: a first taxonomy of entrepreneurs with regard to investment expectations," Post-Print hal-01744745, HAL.
    7. Spash, Clive L., 2013. "The shallow or the deep ecological economics movement?," Ecological Economics, Elsevier, vol. 93(C), pages 351-362.
    8. Spash, Clive L. & Ryan, Anthony M., 2010. "Ecological, Heterodox and Neoclassical Economics: Investigating the Differences," MPRA Paper 26292, University Library of Munich, Germany.
    9. Clive L Spash, 2009. "Social Ecological Economics," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2009-08, CSIRO Sustainable Ecosystems.
    10. Spash, Clive L., 2012. "New foundations for ecological economics," Ecological Economics, Elsevier, vol. 77(C), pages 36-47.
    11. Drakopoulos, Stavros A. & Katselidis, Ioannis, 2017. "The Relationship between Psychology and Economics: Insights from the History of Economic Thought," MPRA Paper 77485, University Library of Munich, Germany.
    12. Clive L Spash & Heinz Schandl, 2009. "Growth, the Environment and Keynes: Reflections on Two Heterodox Schools of Thought," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2009-01, CSIRO Sustainable Ecosystems.
    13. Spash, Clive L. & Dobernig, Karin, 2017. "Theories of (Un)sustainable Consumption," SRE-Discussion Papers 2017/04, WU Vienna University of Economics and Business.
      • Clive L. Spash & Karin Dobernig, 2017. "Theories of (Un)sustainable Consumption," SRE-Disc sre-disc-2017_04, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    14. Stephen Dunn, 2006. "Prolegomena to a Post Keynesian health economics," Review of Social Economy, Taylor & Francis Journals, vol. 64(3), pages 273-299.
    15. Marek Banczyk & Joanne Laban & Jason Potts, 2018. "Choosing cities: a behavioural economic approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 61(3), pages 463-477, November.

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