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Social investment theory argues that such changes in personality traits is due to the establishment of individuals' own social lives into which they invest (social investment principle). This perspective assumes the development of identities through psychological commitments to social institutions in the form of social roles, which offer ...
Evolutionary psychology is the long-forestalled scientific attempt to assemble out of the disjointed, fragmentary, and mutually contradictory human disciplines a single, logically integrated research framework for the psychological, social, and behavioral sciences – a framework that not only incorporates the evolutionary sciences on a full ...
Evolutionary economics is a school of economic thought that is inspired by evolutionary biology.Although not defined by a strict set of principles and uniting various approaches, it treats economic development as a process rather than an equilibrium and emphasizes change (qualitative, organisational, and structural), innovation, complex interdependencies, self-evolving systems, and limited ...
The Philosophy of Money (1900; German: Philosophie des Geldes) [1] is a book on economic sociology by German sociologist and social philosopher Georg Simmel. [2] Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life.
In psychology and behavioral economics, the endowment effect, also known as divestiture aversion, is the finding that people are more likely to retain an object they own than acquire that same object when they do not own it.
The second focused on the role of innovation in growth. These models focused on the need to encourage innovation through patents and other incentives. [178] A third set, referred to as the "neoclassical revival", expanded the definition of capital in exogenous growth theory to include human capital. [179]
Spiral Dynamics describes how value systems and worldviews emerge from the interaction of "life conditions" and the mind's capacities. [8] The emphasis on life conditions as essential to the progression through value systems is unusual among similar theories, and leads to the view that no level is inherently positive or negative, but rather is a response to the local environment, social ...
Evolutionary psychologists consider Charles Darwin's theory of natural selection to be important to an understanding of psychology. [1] Natural selection occurs because individual organisms who are genetically better suited to the current environment leave more descendants, and their genes spread through the population, thus explaining why organisms fit their environments so closely. [1]