• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    New Paradigm Of Behavioral Economics

    2020/5/16 10:21:00 0

    BehaviorEconomicsParadigm

    Zheng Lei / Wen

    The economic community is fully used to quantitative analysis, using simple to almost unrealistic assumptions, by studying many quantitative indicators that are easy to perceive, easy to track and easy to sort out, to explain economic phenomena, and to make predictions for economic behavior. There are some criticisms about the methodological defects of economics. "When economists try to solve ethical, cultural and social problems in purely economic terms, they are also fooling other theories, but it is usually economists themselves who are fooled in such cases" (Morson, Schapiro, 2017). Douglas North (2005) emphasized the important role of human intention in the development of economic system. These intentions are basically expressed in narrative form.

    We can not explain and predict the real world from the perspective of pure economics. This is an obvious consequence of the gradual disconnection between economics theory and practice. New classical economics methodology has been questioned for decades. In order to get rid of the awkward situation of theoretical prediction and reality, many western mainstream economists are also introspection. In recent years, the progress of behavioral economics and complex economics shows a new research path.

    Advocating economics's reference to humanities and integrating the idea of "temperature", "perceptual social life" and "narrative" in historical scenes has long been suggested, while professor Robert Hiller of Yale University has developed it into a complete theoretical framework. Hiller put forward the concept of "narrative economics" in 2017, and claimed that the related work has been going on for decades. In his book "narrative economics", he introduced the "narrative" into the field of economics, making it an important dimension of deconstructing economic phenomena and making more accurate economic forecasts. In this book, Hiller enriches the interesting historical narrative that he can not hold in his thesis, which is what he calls "perceptible history". These historical details are very fresh and interesting, which greatly enrich people's understanding of the past economic events they studied. This book contains 9 long-term economic narratives: panic, confidence, frugality / conspicuous consumption, gold and silver standard, automation, artificial intelligence, labor force, real estate cycle, stock market bubble and inflation. In the course of the discussion, a large number of first-hand historical documents from the public are cited, presenting the plentiful realities behind the economic events. The readability and historical data are very strong.

    Bitcoin narration is an example. How did the value of bitcoin rise from 0 to US $300 billion in a few years? Hiller believes that the price of bitcoin has increased by 40% in 40 hours, which is the embodiment of the power of economic narrative. Few people who engage in bitcoin transactions really understand this technology. But technology theory is not the core of narrative. They only need to know that this idea is put forward by some clever mathematicians or computer experts. The wealth creation effect of bitcoin narratives has quickly been echoed by the public. This is an elaborate narrative designed to disseminate, allowing non professionals to participate in narratives and establish identity, hoping to better control their economic situation. This narrative contains a lot of stories that people enjoy and become rich. It is highly infectious and inspiring, and the transmission rate is very high.

    If we subdivide the bitcoin narrative into academic narrative and public narration, we can see the significant difference in the transmission power between academic narrative and public narration by retrieving the bitcoin literature. There are hundreds of articles in the core algorithm of block chaining technology, and up to more than 15000 articles on bitcoin. Bitcoin is oriented towards the future. This simple beautiful language is easier to be remembered and disseminated. People are interested in a narrative, precisely because many other people are interested in it. This shows the characteristics of communication. Through snowball spread, a narrative may become an important driving force in social and economic activities. This is a new perspective for the study of classical economics. According to Hiller's logic, if we can predict which economic narrative will become popular again, it is possible to predict the corresponding economic behavior and economic operation.

    ?

    • Related reading

    Reporter Observation, Where Is The Development Card Of China'S Autism Rehabilitation Education Industry?

    Business School
    |
    2020/5/9 10:46:00
    0

    Lighting Up For "Children Of The Stars": 20 Years Of Struggle For An Autistic Father.

    Business School
    |
    2020/5/9 10:45:00
    0

    The Contest Of Girlfriend Of "Naples Four Trilogy"

    Business School
    |
    2020/4/11 13:19:00
    3

    The Transformation And Innovation Of Business Models Can Not Be Imitated And Learned.

    Business School
    |
    2019/12/26 12:12:00
    5

    The Secret Of "AMC Entry" Of Private Listed Companies: 100% Gross Profit Margin Seduces A Capital Reverse Cycle.

    Business School
    |
    2019/11/16 9:43:00
    10
    Read the next article

    Reporter Observed 2020, The Mobile Phone Market Pattern Suddenly Changed.

    The sudden spread of the epidemic has disrupted the established planning of the mobile phone market, and global consumption has even had a "downgrade" trend.

    主站蜘蛛池模板: 男人让女人爽30分钟免费| 免费a级毛片在线播放| 亚洲精品成人a在线观看| 久久综合九色综合欧美狠狠| blacked欧美一区二区| 触手强制h受孕本子里番 | 丁香花在线观看免费观看图片| 手机看片1024旧版| 欧美在线暴力性xxxx| 女生张开腿给男生捅| 国产乱子伦视频在线观看| 亚洲国产美女视频| japanese老熟妇乱子伦视频| 草莓视频丝瓜视频-丝瓜视18岁苹果免费网| 欧美日韩第一区| 天天射天天操天天干| 亚洲精品视频专区| аⅴ中文在线天堂| 色多多视频在线观看| 日韩欧国产精品一区综合无码| 国产美女网站视频| 人妻人人澡人人添人人爽人人玩| bt最佳磁力搜索引擎吧| 波多野结衣中文字幕视频| 天天澡天天碰天天狠伊人五月| 啊v在线免费观看| 久久久久国产精品免费免费不卡 | 亚洲国产日韩欧美一区二区三区| ssswww日本免费网站片| 美女把腿扒开让男人桶免费| 日韩卡一卡2卡3卡4| 国产特级毛片aaaaaa毛片| 亚洲日本在线观看网址| 亚洲欧美日韩国产vr在线观| 欧美日产国产亚洲综合图区一| 国产精品h在线观看| 亚洲伊人色欲综合网| 2019国产精品青青草原| 欧美高清色视频在线播放| 天堂网www在线资源| 亚洲国产欧美在线人成北岛玲|