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Fairy-Tale Economics

Scarcity, Risk, Choice

Bibliographic Data

ID6092288
AuthorsDorothy Noyes (0000-0001-6134-0533, corresponding author), Dorothy Noyes Dorothy Noyes
Year2015
Volume2
Issue1
Pages1
Publication date2015-01-01
Open AccessNo
TypeARTICLE
VenueNarrative Culture (JOURNAL)
Journal identifiersISSN: 2169-0235 • E-ISSN: 2169-0251
PublisherProject MUSE (PUBLISHER • US)
DOI10.13110/narrcult.2.1.0001
OpenAlexW1258738937
LanguageEN
Citations received2

Economists tell stories about how people behave. The setup is always the same: an actor is confronted with a choice and must make a decision. Should he (it’s usually a he) take a quick, assured return or wait for a less certain but larger payofff? Should he place his trust in another actor and collaborate for a larger joint profit, or act alone to make sure he is not cheated, so that at any rate he comes away with something? When he’s played the same game for a long time, will he keep paying attention as the next decision comes

Conformity · Economics · Microeconomics · Political science · Positive economics · Rationality · Experimental Behavioral Economics Studies · Law · Psychology · Social Psychology

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Citations per year0.33
Citation span2020 - 2023 (4)
Highly citedNo

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