The Road not Taken: How Psychology was Removed from Economics, and How it Might be Brought Back
比较了20世纪初帕累托改革选择理论引发的辩论与当前行为经济学地位的争议,指出两者都试图将经济学独立于心理学,并面临定义经济学领域和证明偏好一致性的难题。
This article explores parallels between the debate prompted by Pareto's reformulation of choice theory at the beginning of the twentieth century and current controversies about the status of behavioural economics. Before Pareto's reformulation, neoclassical economics was based on theoretical and experimental psychology, as behavioural economics now is. Current 'discovered preference' defences of rational-choice theory echo arguments made by Pareto. Both treat economics as a separate science of rational choice, independent of psychology. Both confront two fundamental problems: to find a defensible definition of the domain of economics, and to justify the assumption that preferences are consistent and stable. Copyright 2007 The Author(s). Journal compilation Royal Economic Society 2007.