BTW, it's Bowles.

it's really hard to tell whether  the (narrow, "bourgeois")
individualism is a matter of which economists do experiments or  is
inherent in the field. In general, academia encourages individualistic
attitudes (there are almost no group rewards), while this tendency is
reinforced by the the NC tradition and "Austrian" schools that
dominate economics as a field, and it's almost always academics who do
experiments, so we end up with pretty individualistic attitudes
expressed by experimentalists. Nonetheless, I see no reason to
automatically reject the results of these experiments. Each should be
judged on its own terms.

On Mon, Mar 28, 2011 at 4:13 AM, Michael Nuwer <[email protected]> wrote:
> On 3/28/2011 12:01 AM, Jim Devine wrote:
>> Unfortunately, they still have a basically
>> individualistic perspective. They thus ignore the way in which our
>> biographies in society (including our practice) limit and shape our
>> "preferences," attitudes, and ideologies.
>
> Do you think this individualistic perspective is inherent in behavioral
> economics or is it the way some trained economists use behavioral economics?
>
> My own view is that it is the latter. I think the work by Sam Bowels
> over the last ten years or so shows that behavioral economics is not not
> necessarily individualistic. I don't disagree that guys like Thaler &
> Loewenstein are basically orthodox economists. But I'm not sure that is
> true of Bowels and Ernst Fehr.
>
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-- 
Jim DevineĀ / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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