03225nam 22005775 450 991029936590332120251116204207.09783319768106331976810710.1007/978-3-319-76810-6(CKB)4100000004831960(DE-He213)978-3-319-76810-6(MiAaPQ)EBC5419666(Perlego)3491249(EXLCZ)99410000000483196020180606d2018 u| 0engurnn|008mamaatxtrdacontentcrdamediacrrdacarrierA Brain-Focused Foundation for Economic Science A Proposed Reconciliation between Neoclassical and Behavioral Economics /by Richard B. McKenzie1st ed. 2018.Cham :Springer International Publishing :Imprint: Palgrave Macmillan,2018.1 online resource (XV, 219 p.) 9783319768090 3319768093 1. Economists' Core Concerns in the History of Economic Thought -- 2. Lionel Robbins and Scarcity -- 3. From Robbins to Friedman and Beyond -- 4. Behavioral Economics, Evolution, and the Human Brain -- 5. The Human Brain: The Ultimate Scarce, Efficient, and Rational Resource -- 6. A Brain-Focused Neoclassical Microeconomics. .This book argues that Lionel Robbins's construction of the economics field's organizing cornerstone, scarcity-and all that has been derived from it from economists in Robbins's time to today-no longer can generate general consent among economists. Since Robbins' Essay, economists have learned more than Robbins and his cohorts could have imagined about human decision making and about the human brain that is the lynchpin of human decision making. This book argues however that behavioral economists and neuroeconomists, in pointing to numerous ways people fall short of perfectly rational decisions (anomalies, biases, and downright errors), have saved conventional economics from such self-contradictions in what could be viewed as a wayward approach. This book posits that the human brain is the ultimate scarce resource, and that a focus on the brain can bring a new foundation for economics and can save the discipline from hostile criticisms from a variety of non-economists (many psychologists).Schools of economicsEconomicsHistoryExperimental economicsEconometricsHeterodox EconomicsHistory of Economic Thought and MethodologyExperimental EconomicsQuantitative EconomicsSchools of economics.EconomicsHistory.Experimental economics.Econometrics.Heterodox Economics.History of Economic Thought and Methodology.Experimental Economics.Quantitative Economics.330.019McKenzie Richard B.authttp://id.loc.gov/vocabulary/relators/aut0BOOK9910299365903321A Brain-Focused Foundation for Economic Science2544460UNINA