Microfoundations for Structures and Evolution: Evidence from Experiments

Francesco Bogliacino and Cristiano Codagnone ()

No 15379, Documentos de Trabajo, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: The article discusses whether and to what extent experiments can contribute to a research paradigm based on the study of human behaviour in complex evolving environments and on the problem of asymmetric adjustment among different components of economic system along certain trajectories, focusing on the possibility that experimental evidence may represent an external consistency check on this type of heterodox modelling. It considers methodological issues related with the concept of validity, the evidence on rationality of human agents, and the possibility to identify a microfoundation alternative to homo oeconomicus, discussing the evidence on humans as strong reciprocators, as trusting individuals and as embedded in social norms.

Keywords: Experiments; Causality; Heuristics; Learning; Bounded Rationality; Altruism; Punishment; Trust; Norms (search for similar items in EconPapers)
JEL-codes: C18 C9 D01 D03 (search for similar items in EconPapers)
Pages: 44
Date: 2017-02-24
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp and nep-hme
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.fce.unal.edu.co/centro-editorial/docs/e ... nce-from-experiments
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to fce.unal.edu.co:443 (Bad file descriptor) (http://www.fce.unal.edu.co/centro-editorial/docs/escuela-de-economia/82-microfoundations-for-structures-and-evolution-evidence-from-experiments [301 Moved Permanently]--> https://fce.unal.edu.co/centro-editorial/docs/escuela-de-economia/82-microfoundations-for-structures-and-evolution-evidence-from-experiments)

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:col:000178:015379

Access Statistics for this paper

More papers in Documentos de Trabajo, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID Contact information at EDIRC.
Bibliographic data for series maintained by Facultad de Ciencias Económicas Unal ().