Titlebook: Behavioural Foundations of Economics; J. L. Baxter Book 1993 J. L. Baxter 1993 attention.decision making.economics

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The Social Environmentuence the way another individual, or even a group of individuals, behaves in the process of taking decisions about such matters as how (and indeed whether) to spend his, or her, money. Similarly, a group of people may influence the decision-making of a lone individual, or decision-making by other gr

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The Physical Environmentconomists, there is a growing recognition that economists have also failed lamentably to take adequate account of the physical environment in their deliberations. These sins of omission have given rise to heightened concern as the twentieth century has progressed and social and environmental problem

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The Individual Decision-Making Processich they live. During much of these discussions individuals have assumed a rather passive role, but real life is characterised by the need for individuals to be constantly active in taking decisions. My previous discussions, I hope to show, will provide us with a better understanding of the nature o

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Socioeconomic Decision-Making: Government generally have concerned themselves solely with those aspects of government activity which seemed to impinge most directly on economic affairs, and for this reason have underestimated people’s . for government. To put the matter more precisely, I shall be arguing in the present chapter that the sat

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Conclusions and Implicationsard neo-classical approach. The latter is founded on what Dow (1985) has called the ‘Cartesian/Euclidean’ mode of thought. That is, it is founded on a system of axiomatic logic. Key axioms which are either true by definition or ‘self-evident’ are adopted and by a process of deduction used to formula