Economics with a biological foundation

Aldo Rustichini ()
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Aldo Rustichini: University of Minnesota

Indian Economic Review, 2023, vol. 58, issue 1, No 1, 40 pages

Abstract: Abstract We argue in three lectures that economics should develop on a foundation of biology. We first define what economics with biological foundation is, its position in the history of the discipline, and why this development is necessary for economics to remain a meaningful science. We then outline the three main directions of development for such new science of economics (neuroeconomics, genetics and personality theory), and illustrate research in these three fields.

Keywords: Neuroeconomics; Genetics and economics; Personality theory (search for similar items in EconPapers)
JEL-codes: D9 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s41775-023-00191-y

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