Search results
Results from the WOW.Com Content Network
Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory. [1] [2] Behavioral economics is primarily concerned with the bounds of rationality of economic ...
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 content of evolutionary psychology has derived from, on the one hand, the biological sciences (especially evolutionary theory as it relates to ancient human environments, the study of paleoanthropology and animal behavior) and, on the other, the human sciences, especially psychology. Evolutionary biology as an academic discipline emerged ...
Natural resource economics deals with the supply, demand, and allocation of the Earth's natural resources. One main objective of natural resource economics is to better understand the role of natural resources in the economy in order to develop more sustainable methods of managing those resources to ensure their availability for future ...
Resource characteristics are those that relate partly to mental and emotional resources such as past experiences, skills, and intelligence, and also to social and material resources (access to good food, housing, caring parents, and educational opportunities appropriate to the needs of the particular society).
Ecological economics is an economic science that extends its methods of valuation onto nature in an effort to address the inequity between market growth and biodiversity loss. [68] Natural capital is the stock of materials or information stored in biodiversity that generates services that can enhance the welfare of communities. [ 82 ]
However, evolutionary theory has had a limited impact on developmental psychology as a whole, [5] and some authors argue that even its early influence was minimal. [15] Developmental psychology, as with the social sciences in general, has long been resistant to evolutionary theories of development [ 5 ] (with some notable exceptions, such as ...
Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially. [1]