On socially influenced preferences — Chris Dillow

Summary:
So much for rational agency based on autonomous preferences as viable assumption for a realistic economics. The world in which we live is socially constructed, which is hardly surprising since humans are social animals (homo socialis) more than economic animals (homo economicus). Most are crowd-followers behaving endogenously within the social system they inhabit rather than exogenous agents acting independently of the social system.Stumbling and MumblingOn socially influenced preferences Chris Dillow, Investors ChronicleSee alsoStatistical Modeling, Causal Inference, and Social ScienceThe fallacy of the excluded rationality Andrew Gelman | Professor of Statistics and Political Science and Director of the Applied Statistics Center, Columbia UniversityABC News (AU)Could the science of

Topics:
Mike Norman considers the following as important: action theory, economic anthology, Economic Sociology, influence, Rationality, social psychology, value theory

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