Meet the Lecturers: Bob Sugden

Can you tell us a little bit about your background and what brought you to UEA?

This is delving into the distant past – I have been at UEA since 1985! Before then, I had been a very young Lecturer in Economics at the University of York, and a quite young Reader at the University of Newcastle. I was ambitious and decided to start applying for professorships. UEA just happened to be one of the first universities to advertise a professorship after I made that decision. But I think one of the main reasons I was given the job was that UEA was very interdisciplinary and I was working on topics in philosophy and politics as well as economics. Continue reading “Meet the Lecturers: Bob Sugden”

The Behavioural Economist’s Guide to Winning at Valentine’s Day

By Dr Sheheryar Banuri

So it has come to this… Two days to go and you are worried about your Valentine’s Day plans.  You’re not quite certain what you need to plan, and how seriously you need to treat this day.  After all, it is not a holiday, and you might have only been out with your partner on number of dates (where ∈ R).  Should you do anything? How much should you spend (in terms of time, effort, money, or any combination thereof)? Continue reading “The Behavioural Economist’s Guide to Winning at Valentine’s Day”

Reciprocity and the Paradox of Trust in Psychological Game Theory

In a famous paper written in 1982, the American economist George Akerlof argued that employers sometimes pay more than the market wage rate in the expectation that this will induce their workers to be conscientious even when they are not being monitored.

According to the theory of rational choice, this kind of trust relationship is not possible between fully rational individuals. Continue reading “Reciprocity and the Paradox of Trust in Psychological Game Theory”

Super Bowl Economics: Pluralist Economics on ‘Any Given Tuesday’

By Dr Duncan Watson

I’m raging against the dying of the light; multi-tasking to maximise how much I can eek out of the rest of the day. Perusing ‘The Superiority of Economists’ , as I look for astute observations relevant to a rewrite of the latest research paper, I’m also watching the Super Bowl journey of the Los Angeles Rams and New England Patriots. Continue reading “Super Bowl Economics: Pluralist Economics on ‘Any Given Tuesday’”

Thinking Critically about Critical Thinking: The Limits of Orthodox Economics

By Lea Sixtl

The academic discipline is dominated by mainstream economics. Orthodox economics. Is there space for criticism? As it is so strongly encouraged within the academic environment: “Think critically”, they say, but all that is taught is one school of thought. A thought the majority of the crowd accepts, not daring to step outside the box and start criticising the white (wild) west.

Continue reading “Thinking Critically about Critical Thinking: The Limits of Orthodox Economics”

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