Abstract
At the beginning of this book, I outlined three kinds of desirable outcomes from a fuller interaction between the Aristotelian account of decision making and economic models of choice
A good model in economic theory, like a good fable, identifies a number of themes and elucidates them. We perform thought exercises that are only loosely connected to reality and that have been stripped of most of their real-life characteristics. However, in a good model, as in a good fable, something significant remains.
Ariel Rubinstein (2006, p. 881)
After all, economics does not have a name for everything in the world.
Colin Camerer (2008, p. 55)
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© 2012 Andrew M. Yuengert
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Yuengert, A.M. (2012). An Economics Mindful of Larger Worlds. In: Approximating Prudence. Perspectives from Social Economics. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137063175_9
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DOI: https://doi.org/10.1057/9781137063175_9
Publisher Name: Palgrave Macmillan, New York
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