Date: Thu, 03 Sep 1998 07:33:40 -0600 From: Wynship Hillier <whi-AT-wenet.net> Subject: Re: Fouc Hayek & liberalism It's Wynship. I don't know about laboratory evidence being in short supply for homo economicus. I worked on research in econometrics which produced exactly such evidence. Furthermore, utility can be inferred from behavior. There seems to be a well-developed body of microeconomic theory in this area. See Luenberger's intermediate book on theory, for instance. na.devine wrote: > Re > Wynyard Hillier's post: > > That 's a pretty good comment on Hayek for someone who hasn't read him. > You've got him I think, through your Foucault/exegesis. > > There is an interesting connection with Behaviourism. There was an > article or speech by one of the Public choice gurus in which he quite > seriously offered to give up the rationality component of homo > economicus in return for the ability to incorporate behaviourism. what > behaviourism had to offer was the attraction of scientific credibility. > You could get some laboratory evidence, which is in rather short supply > for h. ec. > > Nesta
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