2022
DOI: 10.46298/jpe.8741
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Pragmatic behaviour: pragmatism as a philosophy for behavioural economics

Abstract: Behavioral economics offers an account of actual human behavior. Contrasting with the conventional normative approach to rationality, rational choice theory, describes the deviations from optimal decision making. These are attributed to failures in two systems, one in charge of automatic behavior (System 1) and the other responsible for reflective one (System 2). As important as this is, an elaboration of the interaction between them seems to be lacking. Philosophical pragmatism can contribute to address this … Show more

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Cited by 5 publications
(2 citation statements)
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“…It explains about 16% of the cumulative variance and comprises four variables (Table 4). According to Garcés (2022), pragmatic behaviour entails a selfdirected course of action and encompasses a fourfold process. The process involve showing an indication to take-action, interpreting the indication into a meaningful strategy, then formulating a procedure for the action, and lastly, carrying out the eventual action.…”
Section: Contractors' Pragmatic Carbon Reduction Behaviourmentioning
confidence: 99%
“…It explains about 16% of the cumulative variance and comprises four variables (Table 4). According to Garcés (2022), pragmatic behaviour entails a selfdirected course of action and encompasses a fourfold process. The process involve showing an indication to take-action, interpreting the indication into a meaningful strategy, then formulating a procedure for the action, and lastly, carrying out the eventual action.…”
Section: Contractors' Pragmatic Carbon Reduction Behaviourmentioning
confidence: 99%
“…A person's action in this theory is purposive. The purposive action in question is an action based on the desire to gain an advantage over his choice (Garcés 2022). Rational Choice Theory is used to analyze the decision-making fisherman's decision to continue his profession as a fisherman.…”
Section: Introductionmentioning
confidence: 99%