Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10316/81386 https://doi.org/10.1080/13563467.2013.829433 |
Resumo: | Experimental economics is now part of mainstream economics and is fast becoming one of its most influential methods. Drawing on the distinction between market and behavioural experimentation, this article assesses the compatibility of the most influential experimental research with the neoliberal understanding of the political and moral preconditions for markets to develop. A politically relevant asymmetry at the core of this research programme will be signalled: while issues of political economy are eschewed by market experimenters (for example, whose interests are favoured and whose groups have power in economic processes), topics of moral economy are recognised and dealt with by behavioural experimenters (for example, the interactions between economic institutions and individuals' motivations and moral make-up). It is argued that experimental research has thereby contributed to a depoliticised and moralised view of markets, one that tends to present markets as a civilising institution once their technical and moral failures are recognised and adequately dealt with. |
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Neoliberalism in the Laboratory? Experimental Economics on Markets and their LimitsExperimental economicsMarketsCognitive biases and heuristicsEndogenous and social preferencesNeoliberalismExperimental economics is now part of mainstream economics and is fast becoming one of its most influential methods. Drawing on the distinction between market and behavioural experimentation, this article assesses the compatibility of the most influential experimental research with the neoliberal understanding of the political and moral preconditions for markets to develop. A politically relevant asymmetry at the core of this research programme will be signalled: while issues of political economy are eschewed by market experimenters (for example, whose interests are favoured and whose groups have power in economic processes), topics of moral economy are recognised and dealt with by behavioural experimenters (for example, the interactions between economic institutions and individuals' motivations and moral make-up). It is argued that experimental research has thereby contributed to a depoliticised and moralised view of markets, one that tends to present markets as a civilising institution once their technical and moral failures are recognised and adequately dealt with.Taylor & Francis2013info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/10316/81386http://hdl.handle.net/10316/81386https://doi.org/10.1080/13563467.2013.829433eng1356-34671469-9923http://dx.doi.org/10.1080/13563467.2013.829433Santos, Ana CordeiroRodrigues, Joãoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2020-05-29T10:05:13Zoai:estudogeral.uc.pt:10316/81386Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T21:03:28.533699Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits |
title |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits |
spellingShingle |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits Santos, Ana Cordeiro Experimental economics Markets Cognitive biases and heuristics Endogenous and social preferences Neoliberalism |
title_short |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits |
title_full |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits |
title_fullStr |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits |
title_full_unstemmed |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits |
title_sort |
Neoliberalism in the Laboratory? Experimental Economics on Markets and their Limits |
author |
Santos, Ana Cordeiro |
author_facet |
Santos, Ana Cordeiro Rodrigues, João |
author_role |
author |
author2 |
Rodrigues, João |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Santos, Ana Cordeiro Rodrigues, João |
dc.subject.por.fl_str_mv |
Experimental economics Markets Cognitive biases and heuristics Endogenous and social preferences Neoliberalism |
topic |
Experimental economics Markets Cognitive biases and heuristics Endogenous and social preferences Neoliberalism |
description |
Experimental economics is now part of mainstream economics and is fast becoming one of its most influential methods. Drawing on the distinction between market and behavioural experimentation, this article assesses the compatibility of the most influential experimental research with the neoliberal understanding of the political and moral preconditions for markets to develop. A politically relevant asymmetry at the core of this research programme will be signalled: while issues of political economy are eschewed by market experimenters (for example, whose interests are favoured and whose groups have power in economic processes), topics of moral economy are recognised and dealt with by behavioural experimenters (for example, the interactions between economic institutions and individuals' motivations and moral make-up). It is argued that experimental research has thereby contributed to a depoliticised and moralised view of markets, one that tends to present markets as a civilising institution once their technical and moral failures are recognised and adequately dealt with. |
publishDate |
2013 |
dc.date.none.fl_str_mv |
2013 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10316/81386 http://hdl.handle.net/10316/81386 https://doi.org/10.1080/13563467.2013.829433 |
url |
http://hdl.handle.net/10316/81386 https://doi.org/10.1080/13563467.2013.829433 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
1356-3467 1469-9923 http://dx.doi.org/10.1080/13563467.2013.829433 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
Taylor & Francis |
publisher.none.fl_str_mv |
Taylor & Francis |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799133928318042112 |