La ubicuidad de los hábitos y las reglas

Geoffrey Hodgson ()

Revista de Economía Institucional, 2000, vol. 2, issue 3, 11-43

Abstract: Under what circumstances is it necessary or convenient for an agent to rely on habits and rules? This paper focuses on the types of decision situation giving rise to their use. Even optimisation requires the development of rules, and for this reason mainstream economics cannot legitimately ignore these questions. It argues that habits and rules are ubiquitous in human activity, presents a new taxonomy and analyses seven types of decision situations classified according to the type of information problem involved. Neither neoclassical nor behavioural economics can provide a complete account of the bases of habits or rules in these cases.

Keywords: habits; rules; learning; communication; cognition; uncertainty (search for similar items in EconPapers)
JEL-codes: D81 D83 D84 (search for similar items in EconPapers)
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.uexternado.edu.co/facecono/ecoinstituci ... papers/ghodgson3.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rei:ecoins:v:2:y:2000:i:3:p:11-43

Access Statistics for this article

Revista de Economía Institucional is currently edited by Alberto Supelano

More articles in Revista de Economía Institucional from Universidad Externado de Colombia - Facultad de Economía Cra. 1 No. 12-68 Casa de las Mandolinas. Contact information at EDIRC.
Bibliographic data for series maintained by Paola Rodríguez ().