The Economics of Economists

Institutional Setting, Individual Incentives, and Future Prospects

Business & Finance, Economics, Economic History, Nonfiction, Religion & Spirituality, Philosophy
Cover of the book The Economics of Economists by , Cambridge University Press
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Author: ISBN: 9781139985048
Publisher: Cambridge University Press Publication: June 5, 2014
Imprint: Cambridge University Press Language: English
Author:
ISBN: 9781139985048
Publisher: Cambridge University Press
Publication: June 5, 2014
Imprint: Cambridge University Press
Language: English

The profession of academic economics has been widely criticized for being excessively dependent on technical models based on unrealistic assumptions about rationality and individual behavior, and yet it remains a sparsely studied area. This volume presents a series of background readings on the profession by leading scholars in the history of economic thought and economic methodology. Adopting a fresh critique, the contributors investigate the individual incentives prevalent in academic economics, describing economists as rational actors who react to their intellectual environment and the incentives for economic research. Timely topics are addressed, including the financial crisis and the consequences for the discipline, as well as more traditional themes such as pluralism in research, academic organizations, teaching methodology, gender issues and professional ethics. This collection will appeal to scholars working on topics related to economic methodology and the teaching of economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The profession of academic economics has been widely criticized for being excessively dependent on technical models based on unrealistic assumptions about rationality and individual behavior, and yet it remains a sparsely studied area. This volume presents a series of background readings on the profession by leading scholars in the history of economic thought and economic methodology. Adopting a fresh critique, the contributors investigate the individual incentives prevalent in academic economics, describing economists as rational actors who react to their intellectual environment and the incentives for economic research. Timely topics are addressed, including the financial crisis and the consequences for the discipline, as well as more traditional themes such as pluralism in research, academic organizations, teaching methodology, gender issues and professional ethics. This collection will appeal to scholars working on topics related to economic methodology and the teaching of economics.

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