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The Curious Culture of Economic Theory
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Ran Spiegler

The Curious Culture of Economic Theory

Ran Spiegler

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English
MIT Press
16 April 2024
Economics
An essay collection that insightfully explores the professional culture of contemporary economic theory, highlighting key features of successful economic theory from the last quarter century.

An essay collection that insightfully explores the professional culture of contemporary economic theory, highlighting key features of successful economic theory from the last quarter century.

When is a theoretical result taken seriously enough for economic application? How do theorists actively try to influence this judgment? What determines whether a new theoretical subfield adopts a ""pure"" or an ""applied"" style? How do theorists respond to economists' penchant for ""rational"" explanations of human behavior? These are just some of the questions regarding the professional culture of contemporary economic theory that Ran Spiegler attempts to answer in this incisive essay collection, The Curious Culture of Economic Theory. In exploring these questions, Spiegler addresses the norms that economic theorists apply as they produce, evaluate, and disseminate research.

Introducing a new genre-a kind of cultural criticism of economic theory-the essays in this unique collection highlight elements of style and rhetoric that characterize classic pieces of economic theory from the last quarter century. For each piece, Spiegler offers a precise yet accessible exposition of modern classics of economic theory while placing them in the broader context of the field's professional culture. Affectionate in its criticism and anthropological in its approach, The Curious Culture of Economic Theory is as valuable a complement to standard textbooks in graduate-level economic theory, game theory, and behavioral economics as it is to the libraries of practicing economic theorists, academic economists, historians of economic thought, and philosophers of economics.
By:  
Imprint:   MIT Press
Country of Publication:   United States
Dimensions:   Height: 229mm,  Width: 152mm, 
Weight:   369g
ISBN:   9780262548229
ISBN 10:   0262548224
Pages:   224
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active
Preface vii 1 Apps and Stories (an Introduction) 1 2 The Paradox around the Corner 9 3 The Applied-Theory Style 27 4 The Path of Least Theory 47 5 Rational X 71 6 Appendicitis 97 7 Cover Versions 115 8 From Competitive Equilibrium to Mechanism Design in Eighteen Months 137 9 A Placebo Trilogy 159 10 Tiki-Taka (an Epilogue) 175 Notes 181 References 187 Index 199 Contents

Ran Spiegler is Professor of Economics at Tel Aviv University and University College London, specializing in economic theory. He is the author of Bounded Rationality and Industrial Organization. In 2017, he received the Yrj Jahnsson Award in Economics, in recognition of his contributions to this area.

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