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Cognitive Economics

This page is maintained by Marco Novarese
mail me: marco@novarese.org

last update June, 2010

 


This page aims at providing a guide to the resources on cognitive economics available on the web.

The site aims to be permanently under construction. Please help me in expanding its contents!

At this stage the attention will be focuse on articles and notes freely available on the web.

 

Contents

A walk in Cognitive Economics

Cognitive economics is a new stream of research, part of the wider "heterodox economics" that has still to be defined.
It is related, but not completely coincident, with the so called behavioural economics.

This section proposes a series of papers, by different authors, defining cognitive economics, its aims and the relation with other approaches and disciplines

As different authors are considered, obviously, different and even partly contradictory ideas could emerge

Nep Cognitive and Behavioural Economics

A free list of new paper focuse on Cognitive and behavioural economics under Repec and Nep project

 

People, laboratories and other stuff

 

 

 


A walk in Cognitive Economics

 

contents:

What is Cognitive Economics?

Foundations and Hystorical Evolution

Cognitive Economics and Experimental Economics

Routines and organizational learning

Cognitive Economics and Simulations

Cognitive Economics, Evolutionary Economics, Institutional Economics and ...

Social culture and individual behaviour

Individual learning

Rationality and intelligence

Herding

Applications

Understanding Economics can make it harder to understand economy

 


What is Cognitive Economics?

- Economics and Cognitive Science, by Douglass C. North, working paper, 1996 (pdf file)

- On learning and adaptation in Economics, by Brian Arthur, PDF from Santa Fe Institute Working Paper Series, 1992

- The answer of Paul Bourgine and Jean-Pierre Nadal: proceeding of the French School Economie Cognitive, Cnrs, 2001 (html file)

- "What Cognitive Economics is about", by Bernard Walliser, proceeding of the French School Economie Cognitive, Cnrs, 2001 (doc file)

- "The intermingling between Cognitive Economics and Experimental Economics: A Few Remarks on History, Methodology and Applications" by Marco Novarese and Salvatore Rizzello, working paper 2004, (this paper tries to define the differences between Cognitive Economics and Behavioural Economics, with ideas similar to the one prosed by Esther-Mirjam Sent, who calls Cognitive Economics, Old Behavioral Economics in her articles: "Behavioral Economics: How Psychology Made Its (Limited) Way Back into Economics", History of Political Economy - Volume 36, Number 4, Winter 2004, pp. 735-760



Foundations and Hystorical Evolution

- "Cognitive Economics: Foundations and Historical Evolution" by M. Egidi and S. Rizzello, 2004


Cognitive Economics and Experimental Economics

Even if it is strictly related to the most know experiments of Kahnemann and Tversy, the Cognitive experimental approach has also some peculiarity in methodology , aims and in the focus of attention.

- Cognitive Science Rationality and the experimental study of reasoning, by Guy Politzer, proceeding of the French School Economie Cognitive, Cnrs, 2001 (doc file)

- Toward a Cognitive Experimental Economics by Marco Novarese, preliminary version of the article publised in the book Cognitive Paradigms in Economics (S. Rizzello ed), Routledge, London, 2003

- Paradoxes versus formalism. Evidence from the early years of game theory and experimental economics, Quaderni del Dipartimento di Economia Politica, UniversitÓ di Siena, n. 433, luglio 2004. Alessandro Innocenti


Routines and socio organizational learning (empirical and theoretical studies)

- Organizational Routines: a Sceptical Look, by Nicolai j. Foss and Teppo Felin, forthcoming (in a revised version) in Markus Becker, ed. Handbook of Organizational Routines, Elgar, (pdf file)

- Shared Mental Models: Ideologies and Institutions, by Arthur T. Denzau & Douglass C. North (pdf file)

- The emergence of path-dependent behaviors in cooperative contexts, by Massimo Egidi and Alessandro Narduzzo, CEEL working paper, 1996 (html file)


Cognitive Economics and Simulations

- From Agent-Based Computational Economics towards Cognitive Economics, by Denis Phan (pdf file)

- Mind No-Mind Dilemma in Agents for Social Science Simulations, by Pietro Terna, 2000 (pdf file)

- How to build and use agent-based models in social science, by Nigel Gilbert and Pietro Terna, 2000 (pdf file)

- Simulations, theory and experiments. Notes from an historical perspective, by Marco Novarese, 2004 (pdf file)


Cognitive Economics, Evolutionary Economics, Institutional Economics and ...

- Interconnecting Evolutionary, Institutional and Cognitive Economics: Six Steps towards Understanding the Six Links, by Pavel Pelikan (html page with the abstract and the link to the full PDF article)

- Evolutionary Cognitive Economics (link to Paquet list of publications, this is paper number 109), by Gilles Paquet

- see also the quoted papers of Denzau-North, North and Egidi-Rizzello

- Herding: An Interdisciplinary Integrative Review From A Socionomic Perspective by Wayne Parker and Robert R. Prechter (on some links with cognitive see these notes from Wayne Parker)

 


Social culture and individual behaviour

Real world experience (culture) influences how people behave in experimental contexts:

- In Search of Homo Economicus: Experiments in 15 Small-Scale Societies, by Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, Herbert Gintis, Richard McElreath, Ernst Fehr (pdf), 2001


Studies and models on individual learning

- Theories of Learning in Games and Heterogeneity Bias, by Nat Wilcox, 2006 (pdf file)

- Learning in different social contests, by Marco Novarese, Centre for Cognitive Economics, working paper, 2004, (pdf file)

- Individual learning: theory formation, and feedback in a complex task, by Marco Novarese and Alessandro Lanteri, Centre for Cognitive Economics, working paper, 2007, (pdf file)

- Learning in Economics: Where Do We Stand?, by Tilman Slembeck, Discussion Paper of the University of St. Gallen (PDF file), 1999

- see also the quoted paper by Brian Arthur


Rationality and intelligence

- Striking a blow for sanity in theories of rationality, by Gerd Gigerenzer (Pdf File), 2004

- Is bounded rationality a capacity, enabling learning? by Marco Novarese (Pdf File), 2009


Herding

- see the quoted Herding: An Interdisciplinary Integrative Review From A Socionomic Perspective by Wayne Parker and Robert R. Prechter


  Application

- Equilibrium fictions : a cognitive approach to societal rigidity, by Karla Hoo and Joseph E. Stiglitz (2010), (link to the download page)


Understanding Economics can make it harder to understand economy

 

-Heterodox Economics and Dissemination of Research through the Internet: the Experience of RePEc and NEP, by Marco Novarese and Cristian Zimmerman (PDF file), 2008

 

 

 

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