Models as Speech Acts: A Restatement and a new Case Study
Author
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Brocas, Isabelle & Carrillo, Juan D., 2014. "Dual-process theories of decision-making: A selective survey," Journal of Economic Psychology, Elsevier, vol. 41(C), pages 45-54.
- David K. Levine & Drew Fudenberg, 2006.
"A Dual-Self Model of Impulse Control,"
American Economic Review, American Economic Association, vol. 96(5), pages 1449-1476, December.
- Drew Fudenberg & David K. Levine, 2004. "A Dual Self Model of Impulse Control," Harvard Institute of Economic Research Working Papers 2049, Harvard - Institute of Economic Research.
- Fudenberg, Drew & Levine, David, 2006. "A Dual-Self Model of Impulse Control," Scholarly Articles 3196335, Harvard University Department of Economics.
- Drew Fudenberg & David K Levine, 2005. "A Dual Self Model of Impulse Control," Levine's Working Paper Archive 618897000000000876, David K. Levine.
- Drew Fudenberg & David K. Levine, 2006. "A Dual Self Model of Impulse Control," Harvard Institute of Economic Research Working Papers 2112, Harvard - Institute of Economic Research.
- Caplin, Andrew & Schotter, Andrew, 2008. "The Foundations of Positive and Normative Economics: A Handbook," OUP Catalogue, Oxford University Press, number 9780195328318.
- Acemoglu,Daron & Arellano,Manuel & Dekel,Eddie (ed.), 2013. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9781107016064, October.
- Davis, John B., 2013.
"Economics Imperialism under the Impact of Psychology: The Case of Behavioral Development Economics,"
OEconomia, Editions NecPlus, vol. 2013(01), pages 119-138, March.
- Davis, John, 2013. "Economics Imperialism under the Impact of Psychology: The Case of Behavioral Development Economics," Working Papers and Research 2013-01, Marquette University, Center for Global and Economic Studies and Department of Economics.
- Acemoglu,Daron & Arellano,Manuel & Dekel,Eddie (ed.), 2013. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9781107638105, October.
- Driscoll, John C. & Holden, Steinar, 2014.
"Behavioral economics and macroeconomic models,"
Journal of Macroeconomics, Elsevier, vol. 41(C), pages 133-147.
- John C. Driscoll & Steinar Holden, 2014. "Behavioral Economics and Macroeconomic Models," Finance and Economics Discussion Series 2014-43, Board of Governors of the Federal Reserve System (U.S.).
- John C. Driscoll & Steinar Holden, 2014. "Behavioral Economics and Macroeconomic Models," CESifo Working Paper Series 4785, CESifo.
- Drew Fudenberg, 2006.
"Advancing Beyond Advances in Behavioral Economics,"
Journal of Economic Literature, American Economic Association, vol. 44(3), pages 694-711, September.
- Fudenberg, Drew, 2006. "Advancing Beyond "Advances in Behavioral Economics"," Scholarly Articles 3208222, Harvard University Department of Economics.
- Robert C. Merton, 2005.
"Theory of rational option pricing,"
World Scientific Book Chapters, in: Sudipto Bhattacharya & George M Constantinides (ed.), Theory Of Valuation, chapter 8, pages 229-288,
World Scientific Publishing Co. Pte. Ltd..
- Robert C. Merton, 1973. "Theory of Rational Option Pricing," Bell Journal of Economics, The RAND Corporation, vol. 4(1), pages 141-183, Spring.
- Wolfgang Pesendorfer, 2006. "Behavioral Economics Comes of Age: A Review Essay on Advances in Behavioral Economics," Journal of Economic Literature, American Economic Association, vol. 44(3), pages 712-721, September.
- Andreou, Chrisoula & White, Mark D. (ed.), 2010. "The Thief of Time: Philosophical Essays on Procrastination," OUP Catalogue, Oxford University Press, number 9780195376685.
- Per Krusell & Anthony A. Smith, Jr., 2003.
"Consumption--Savings Decisions with Quasi--Geometric Discounting,"
Econometrica, Econometric Society, vol. 71(1), pages 365-375, January.
- Per Krusell & Anthony A. Smith, Jr., "undated". "Consumption-Savings Decisions with Quasi-Geometric Discounting," GSIA Working Papers 2001-05, Carnegie Mellon University, Tepper School of Business.
- Per Krusell & Anthony A Smith, Jr., 2001. "Consumption Savings Decisions with Quasi-Geometric Discounting," NajEcon Working Paper Reviews 625018000000000251, www.najecon.org.
- Per Krusell & Anthony A Smith, Jr., 2001. "Consumption Savings Decisions with Quasi-Geometric Discounting," Levine's Working Paper Archive 625018000000000251, David K. Levine.
- Smith Jr., Anthony A, 2001. "Consumption-Savings Decisions with Quasi-Geometric Discounting," CEPR Discussion Papers 2651, C.E.P.R. Discussion Papers.
- B. Douglas Bernheim & Antonio Rangel, 2004. "Addiction and Cue-Triggered Decision Processes," American Economic Review, American Economic Association, vol. 94(5), pages 1558-1590, December.
- Fudenberg, Drew & Levine, David K. & Maniadis, Zacharias, 2014.
"An approximate dual-self model and paradoxes of choice under risk,"
Journal of Economic Psychology, Elsevier, vol. 41(C), pages 55-67.
- Drew Fudenberg & David K. Levine & Zacharias Maniadis, 2012. "An Approximate Dual-Self Model and Paradoxes of Choice under Risk," Levine's Working Paper Archive 786969000000000472, David K. Levine.
- Drew Fudenberg & David K. Levine & Zacharias Maniadis, 2012. "An approximate dual-self model and paradoxes of choice under risk," Working Papers 2012-034, Federal Reserve Bank of St. Louis.
- Fudenberg, Drew & Levine, David K. & Maniadis, Zacharias, 2014. "An approximate dual-self model and paradoxes of choice under risk," Scholarly Articles 13051803, Harvard University Department of Economics.
- Alós-Ferrer, Carlos & Strack, Fritz, 2014. "From dual processes to multiple selves: Implications for economic behavior," Journal of Economic Psychology, Elsevier, vol. 41(C), pages 1-11.
- Fehr, Ernst & Schmidt, Klaus M., 2006.
"The Economics of Fairness, Reciprocity and Altruism - Experimental Evidence and New Theories,"
Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 8, pages 615-691,
Elsevier.
- Fehr, Ernst & Schmidt, Klaus M., . "The Economics of Fairness, Reciprocity and Altruism - Experimental Evidence and New Theories," Chapters in Economics,, University of Munich, Department of Economics.
- Fehr, Ernst & Schmidt, Klaus M., 2005. "The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories," Discussion Papers in Economics 726, University of Munich, Department of Economics.
- Loewenstein, George & O'Donoghue, Ted, 2004. "Animal Spirits: Affective and Deliberative Processes in Economic Behavior," Working Papers 04-14, Cornell University, Center for Analytic Economics.
- Muriel Dal-Pont Legrand & Harald Hagemann, 2019.
"Impulses and Propagation Mechanisms in Equilibrium Business Cycles Theories: From Interwar Debates to DSGE "Consensus","
GREDEG Working Papers
2019-01, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Hagemann Harald, 2019. "Impulses and Propagation Mechanisms in Equilibrium Business Cycles Theories: From Interwar Debates to DSGE “Consensus”," Working Papers halshs-02386344, HAL.
- B. Douglas Bernheim, 2009.
"Behavioral Welfare Economics,"
Journal of the European Economic Association, MIT Press, vol. 7(2-3), pages 267-319, 04-05.
- B. Douglas Bernheim, 2008. "Behavioral Welfare Economics," NBER Working Papers 14622, National Bureau of Economic Research, Inc.
- Loewenstein, George & Chater, Nick, 2017. "Putting nudges in perspective," Behavioural Public Policy, Cambridge University Press, vol. 1(1), pages 26-53, May.
- Nicolas Brisset, 2018.
"Models as speech acts: the telling case of financial models,"
Journal of Economic Methodology, Taylor & Francis Journals, vol. 25(1), pages 21-41, January.
- Nicolas Brisset, 2017. "Models as Speech Acts: The Telling Case of Financial Models," GREDEG Working Papers 2017-25, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Steffen Andersen & Glenn W. Harrison & Morten I. Lau & E. Elisabet Rutström, 2008. "Eliciting Risk and Time Preferences," Econometrica, Econometric Society, vol. 76(3), pages 583-618, May.
- Rene van Bavel & Francois J. Dessart, 2018. "The case for qualitative methods in behavioural studies for EU policy-making," JRC Research Reports JRC109920, Joint Research Centre.
- B. Douglas Bernheim & Antonio Rangel, 2009.
"Beyond Revealed Preference: Choice-Theoretic Foundations for Behavioral Welfare Economics,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(1), pages 51-104.
- Douglas Bernheim & Antonio Rangel, 2007. "Beyond Revealed Preference Choice Theoretic Foundations for Behavioral Welfare Economics," Discussion Papers 07-031, Stanford Institute for Economic Policy Research.
- B. Douglas Bernheim & Antonio Rangel, 2008. "Beyond Revealed Preference: Choice Theoretic Foundations for Behavioral Welfare Economics," NBER Working Papers 13737, National Bureau of Economic Research, Inc.
- B. Douglas Bernheim, 2009.
"On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal,"
American Economic Journal: Microeconomics, American Economic Association, vol. 1(2), pages 1-41, August.
- B. Douglas Bernheim, 2008. "On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal," NBER Working Papers 13954, National Bureau of Economic Research, Inc.
- Acemoglu,Daron & Arellano,Manuel & Dekel,Eddie (ed.), 2013. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9781107016057, October.
- Ben McQuillin & Robert Sugden, 2012. "Reconciling normative and behavioural economics: the problems to be solved," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(4), pages 553-567, April.
- Brocas, Isabelle, 2012. "Information processing and decision-making: Evidence from the brain sciences and implications for economics," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 292-310.
- Ruth W. Grant, 2015. "Rethinking the ethics of incentives," Journal of Economic Methodology, Taylor & Francis Journals, vol. 22(3), pages 354-372, September.
- Acemoglu,Daron & Arellano,Manuel & Dekel,Eddie (ed.), 2013. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9781107674165, October.
- Chris Starmer, 2000. "Developments in Non-expected Utility Theory: The Hunt for a Descriptive Theory of Choice under Risk," Journal of Economic Literature, American Economic Association, vol. 38(2), pages 332-382, June.
- Acemoglu,Daron & Arellano,Manuel & Dekel,Eddie (ed.), 2013. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9781107627314, October.
- Acemoglu,Daron & Arellano,Manuel & Dekel,Eddie (ed.), 2013. "Advances in Economics and Econometrics," Cambridge Books, Cambridge University Press, number 9781107016040, October.
- William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- Black, Fischer & Scholes, Myron S, 1973. "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 637-654, May-June.
- Morgan,Mary S., 2012. "The World in the Model," Cambridge Books, Cambridge University Press, number 9781107002975, October.
- Morgan,Mary S., 2012. "The World in the Model," Cambridge Books, Cambridge University Press, number 9780521176194, October.
- B. Douglas Bernheim & Antonio Rangel, 2007. "Toward Choice-Theoretic Foundations for Behavioral Welfare Economics," American Economic Review, American Economic Association, vol. 97(2), pages 464-470, May.
- Benhabib, Jess & Bisin, Alberto, 2005. "Modeling internal commitment mechanisms and self-control: A neuroeconomics approach to consumption-saving decisions," Games and Economic Behavior, Elsevier, vol. 52(2), pages 460-492, August.
- Thomas A. Stapleford, 2017. "Historical Epistemology and the History of Economics:Views Through the Lens of Practice," Research in the History of Economic Thought and Methodology, in: Including a Symposium on the Historical Epistemology of Economics, volume 35, pages 113-145, Emerald Group Publishing Limited.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Nicolas Brisset & Raphaël Fèvre, 2019. "Prendre la parole sous l'État français: Le cas de François Perroux," GREDEG Working Papers 2019-19, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ivan Moscati, 2022. "Behavioral and heuristic models are as-if models too — and that’s ok," BAFFI CAREFIN Working Papers 22177, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Xi Zhi Lim, 2021. "Ordered Reference Dependent Choice," Papers 2105.12915, arXiv.org, revised Feb 2024.
- Reck, Daniel & Goldin, Jacob, 2018. "Revealed Preference Analysis with Framing Effects," CEPR Discussion Papers 13232, C.E.P.R. Discussion Papers.
- Jacob Goldin & Daniel Reck, 2018. "Revealed Preference Analysis with Framing Effects," NBER Working Papers 25139, National Bureau of Economic Research, Inc.
- T. Hayashi & R. Jain & V. Korpela & M. Lombardi, 2023.
"Behavioral strong implementation,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(4), pages 1257-1287, November.
- T Hayashi & R Jain & V Korpela & M Lombardi, 2020. "Behavioral Strong Implementation," IEAS Working Paper : academic research 20-A002, Institute of Economics, Academia Sinica, Taipei, Taiwan.
- Takashi Hayashi & Ritesh Jain & Ville Korpela & Michele Lombardi, 2021. "Behavioral Strong Implementation," Discussion Papers 141, Aboa Centre for Economics.
- Geoffroy de Clippel, 2014.
"Behavioral Implementation,"
American Economic Review, American Economic Association, vol. 104(10), pages 2975-3002, October.
- Geoffroy de Clippel, 2012. "Behavioral Implementation," Working Papers 2012-6, Brown University, Department of Economics.
- Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
- Gul, Faruk & Pesendorfer, Wolfgang, 2015. "Hurwicz expected utility and subjective sources," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 465-488.
- Robin Cubitt & Gijs van de Kuilen & Sujoy Mukerji, 2020.
"Discriminating Between Models of Ambiguity Attitude: a Qualitative Test,"
Journal of the European Economic Association, European Economic Association, vol. 18(2), pages 708-749.
- Sujoy Mukerji & Robin Cubitt & Gijs van de Kuilen, 2014. "Discriminating between Models of Ambiguity Attitude: A Qualitative Test," Economics Series Working Papers 692, University of Oxford, Department of Economics.
- Robin Cubitt & Gijs van de Kuilen & Sujoy Mukerji, 2017. "Discriminating between Models of Ambiguity Attitude: A Qualitative Test," Working Papers 831, Queen Mary University of London, School of Economics and Finance.
- Dufwenberg, Martin & Servátka, Maroš & Vadovič, Radovan, 2017.
"Honesty and informal agreements,"
Games and Economic Behavior, Elsevier, vol. 102(C), pages 269-285.
- Martin Dufwenberg & Maroš Servátka & Radovan Vadovič, 2015. "Honesty and Informal Agreements," Working Papers in Economics 15/04, University of Canterbury, Department of Economics and Finance.
- Martin Dufwenberg & Maros Servátka & Radovan Vadovic, 2015. "Honesty and Informal Agreements," Working Papers 538, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Dufwenberg, Martin & Servátka, Maroš & Vadovič, Radovan, 2016. "Honesty and Informal Agreements," MPRA Paper 73442, University Library of Munich, Germany.
- Daniel Serra, 2019.
"Neuroeconomics and modern neuroscience,"
CEE-M Working Papers
halshs-02160907, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
- Daniel Serra, 2019. "Neuroeconomics and modern neuroscience," Working Papers halshs-02160907, HAL.
- Patrick Bolton & Neng Wang & Jinqiang Yang, 2019.
"Optimal Contracting, Corporate Finance, and Valuation with Inalienable Human Capital,"
Journal of Finance, American Finance Association, vol. 74(3), pages 1363-1429, June.
- Patrick Bolton & Neng Wang & Jinqiang Yang, 2015. "Optimal Contracting, Corporate Finance, and Valuation with Inalienable Human Capital," NBER Working Papers 20979, National Bureau of Economic Research, Inc.
- Stijn Claessens & M Ayhan Kose, 2017.
"Asset prices and macroeconomic outcomes: a survey,"
BIS Working Papers
676, Bank for International Settlements.
- Stijn Claessens & M. Ayhan Kose, 2017. "Asset prices and macroeconomic outcomes: A survey," CAMA Working Papers 2017-76, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Stijn Claessens & M. Ayhan Kose, 2017. "Asset Prices and Macroeconomic Outcomes: A Survey," Koç University-TUSIAD Economic Research Forum Working Papers 1718, Koc University-TUSIAD Economic Research Forum.
- Claessens,Stijn & Kose,Ayhan, 2017. "Asset prices and macroeconomic outcomes : a survey," Policy Research Working Paper Series 8259, The World Bank.
- Kose, M. Ayhan & Claessens, Stijn, 2017. "Asset Prices and Macroeconomic Outcomes: A Survey," CEPR Discussion Papers 12460, C.E.P.R. Discussion Papers.
- Sainan Jin & Liangjun Su & Yonghui Zhang, 2015.
"Nonparametric testing for anomaly effects in empirical asset pricing models,"
Empirical Economics, Springer, vol. 48(1), pages 9-36, February.
- Sainan Jin & Liangjun Su & Yonghui Zhang, 2014. "Nonparametric Testing for Anomaly Effects in Empirical Asset Pricing Models," Working Papers 09-2014, Singapore Management University, School of Economics.
- Berger, Loïc & Bosetti, Valentina, 2020.
"Characterizing ambiguity attitudes using model uncertainty,"
Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 621-637.
- Loïc Berger & Valentina Bosetti, 2020. "Characterizing ambiguity attitudes using model uncertainty," Post-Print hal-03031502, HAL.
- Battigalli, Pierpaolo & De Vito, Nicodemo, 2021.
"Beliefs, plans, and perceived intentions in dynamic games,"
Journal of Economic Theory, Elsevier, vol. 195(C).
- Pierpaolo Battigalli & Nicodemo De Vito, 2018. "Beliefs, Plans, and Perceived Intentions in Dynamic Games," Working Papers 629, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Driouchi, Tarik & Trigeorgis, Lenos & So, Raymond H.Y., 2020. "Individual antecedents of real options appraisal: The role of national culture and ambiguity," European Journal of Operational Research, Elsevier, vol. 286(3), pages 1018-1032.
- Olivier L'Haridon & Craig S. Webb & Horst Zank, 2021. "An Effective and Simple Tool for Measuring Loss Aversion," Economics Discussion Paper Series 2107, Economics, The University of Manchester.
- Luca Congiu & Ivan Moscati, 2022. "A review of nudges: Definitions, justifications, effectiveness," Journal of Economic Surveys, Wiley Blackwell, vol. 36(1), pages 188-213, February.
- Ahn, David S. & Iijima, Ryota & Sarver, Todd, 2020. "Naivete about temptation and self-control: Foundations for recursive naive quasi-hyperbolic discounting," Journal of Economic Theory, Elsevier, vol. 189(C).
More about this item
Keywords
Models; financial economics; behavioral economics; economic methodology; sociology of economics;All these keywords.
JEL classification:
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- B26 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Financial Economics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2019-03-11 (Cognitive and Behavioural Economics)
- NEP-HME-2019-03-11 (Heterodox Microeconomics)
- NEP-PKE-2019-03-11 (Post Keynesian Economics)
Statistics
Access and download statisticsCorrections
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:gre:wpaper:2019-09. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Patrice Bougette (email available below). General contact details of provider: https://edirc.repec.org/data/credcfr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.