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Economics of Economists

Economics of Economists

Institutional Setting, Individual Incentives, and Future Prospects

By Alessandro Lanteri,Jack Vromen

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Publish Date

2014

Publisher

Cambridge University Press

Language

eng

Pages

378

Description:

"The profession of academic economics has been widely criticized for being excessively dependent on technical models based on unrealistic assumptions about rationality and individual behaviour, and yet it remains a sparsely studied area. This volume presents a series of background readings on the profession by leading scholars in the history of economic thought and economic methodology. Adopting a fresh critique, the contributors investigate the individual incentives prevalent in academic economics, describing economists as rational actors who react to their intellectual environment and the incentives for economic research. Timely topics are addressed, including the causes and consequences of the financial crisis on the discipline, as well as more traditional themes such as pluralism in research, academic organizations, teaching methodology, gender issues and professional ethics. This collection will appeal to scholars working on topics related to economic methodology and the teaching of economics"--