IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxiiy2012i12p526-531.html
   My bibliography  Save this article

From Traditional to Behavioral Economics. A Doctrinaire Perspective

Author

Listed:
  • Ianole Rodica

    (University of Bucharest, Faculty of Business and Administration)

  • Cornescu Viorel

    (University of Bucharest, Faculty of Business and Administration)

Abstract

The paper aims to contribute to the building of a more realistic understanding of the new born field of behavioral economics, based on a (fragmented) historical perspective of the psychological influences that can be traced in representative works from important economists. Exploring the theory of moral sentiments of Adam Smith, the animal spirits of J.M.Keynes and other representative concepts from Thorstein Veblen, Tibor Scitovsky and Herbert Simon, we emphasize the existence of a solid background for current research on similar topics and a sense of coherence that makes a significant link between different periods of economic thought and the actual trends.

Suggested Citation

  • Ianole Rodica & Cornescu Viorel, 2012. "From Traditional to Behavioral Economics. A Doctrinaire Perspective," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 526-531, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:526-531
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p1.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    behavioral economics; economic thought; homo economicus; bounded rationality;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:526-531. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.