An Institutional Explanation for Economists’ Theoretical and Methodological Choices
Bibliographic Data
| ID | 12230399 |
|---|---|
| Authors | Felipe Almeida (0000-0002-3792-793X, Universidade Federal do Paraná, corresponding author), Eduardo Angeli (0000-0001-6676-9267, Universidade Federal do Paraná), Renato Ferreira Pontes (Bank of Brazil), Renato Pontes (Banco do Brasil, Rio de Janeiro, Brazil) |
| Year | 2017 |
| Volume | 29 |
| Issue | 1 |
| Pages | 80-92 |
| Publication date | 2017-01-02 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Review of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0953-8259 • E-ISSN: 1465-3982 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/09538259.2016.1257015 |
| OpenAlex | W2585624686 |
| Language | EN |
| Citations received | 3 |
| References cited | 32 |
Scientific research in general and economics research in particular is a social act. More specifically, schools of economic thought as well as associations, research groups and conferences are expressions of social organizations within the realm of economics. Historically, studies investigating the methodologies used in economics have focused on the strengths of these social organizations. This study aims to analyze the key roles played by individuals within social organizations in building and reinforcing economics and, in turn, their influence on these individuals. To achieve this goal, we use an institutionalist approach in a broad sense. We show how economics as an academic environment can be presented as an institutional entanglement and how an institutionalist approach can enhance an understanding of why economists adopt a particular theoretical and methodological perspective. It is argued that habits, observations and cognitive abilities should be seriously considered to understand the logic and decision making of economic researchers. We discuss also the importance of forming groups in the process of institutionalizing elements relevant to an economic researcher’s logic and decision making and present an interpretation of mainstream economics in terms of the analytical approach of our study
Applied economics · Economic methodology · Economics · Heterodox economics · Institutional economics · Interpretation (philosophy · Mainstream · Mainstream economics · Neoclassical economics · Perspective (graphical · Political science · Positive economics · Process (computing · Realm · Social science · Sociology · Economic Theory and Institutions · Experimental Behavioral Economics Studies · Management and Organizational Studies
Science in action
Studies in Philosophy, Politics, and Economics
A Theory of Cognitive Dissonance
Neoclassical, mainstream, orthodox, and heterodox economics
What Are Institutions?
What is an institution?
New Studies in Philosophy, Politics, Economics, and the History of Ideas
Intersubjectivity in Economics
A Theory of Cognitive Dissonance
The Evolution of Institutions
Post Keynesianism, Heterodoxy and Mainstream Economics
Reclaiming habit for institutional economics
A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades
The social construction of reality
Modifications of self-imposed delay of reward through exposure to live and symbolic models
Institutions and Individuals
Institutions
The Superiority of Economists
| Citations per year | 1 |
|---|---|
| Citation span | 2023 - 2026 (4) |
| Highly cited | No |