This paper criticizes the divide ‘by assumption’ between rational choice and behavioral choice and proposes a way of reconnecting ‘bounded’ and ‘unbounded’ rationality. The connection is an epistemic model of rational discovery and problem modeling which can complement both the descriptive behavioral models of search and choice and the prescriptive model of rational choice. The concept of epist...

extended abstract 1- introduction worldwide growth of ageing population has increased debate on healthy ageing in both academic research and day to day discourse. likewise, due to the change in the population age structure in iran, research on healthy ageing has developed. according to the main and determinant role of gender on health promotion lifestyle, the aim of this article is to analyze t...

The paper exposits a number of key dynamic models from the field of economics. The models share the feature that evolution of the system is consistent with the optimizing behavior of rational economic agents. Specifically, the laws of motion that we investigate are solutions to discrete time dynamic decision processes. Even with rational agents and simple economic environments, a variety of com...

Pro-environment behaviors play a key role in advancing the development of green buildings. This study investigated the link between two green building pro-environment behaviors that require dissimilar resources: energy savings that do not require money in order to be more environmentally friendly and willingness to pay that involves economic resources including spending money in order to be mor...

Social norms are often posited as an explanation of differences in the economic behavior and performance of societies that are difficult to explain by differences in endowments and technology. The successful integration of social norms into economic models requires an understanding of the basis of the differences in preferences that lead to different behaviors. I explore the difference between ...

The standard economic model of decision making assumes a decision maker’s current emotional state has no impact on his or her decisions. Yet there is a large psychological literature that shows that current emotional state, in particular mild positive affect, has a significant effect on decision making, problem solving, and behavior. This paper offers a way to incorporate this insight from psyc...

obviously, in analyzing and explaining economic and social problems, institutionalism is different from other approaches including neoclassical approach. the problem of poverty and inequality are important for many schools and have led to different analyses. veblen tries to explain that some classes in society seek to save their position and honor it in many ways. the goal of this article is to...

From some observations on economic behaviors, in particular changing economic conditions with time and space, we develop a very simple model for the evolution of economic entities within a geographical type of framework. We raise a few questions and attempt to investigate whether some of them can be tackled by our model. Several cases of interest are reported. It is found that the model even in...

This study investigates the relationship between economic conditions and health. Previous studies have estimated that they have a significantly negative correlation. However, there is a concern that mortality rates are non-stationary series, with which a chance of spurious correlation exhibits. By taking first difference on regressors and conducting unit-root tests for panel data, it shows some...