TY - JOUR
T1 - Choice, habit and evolution
AU - Hodgson, G.M.
N1 - The original publication is available at www.springerlink.com Copyright Springer
PY - 2010
Y1 - 2010
N2 - Several leading mainstream economists including Gary Becker have treated habit as serially correlated behaviour resulting from deliberate choices. This approach puts choice before habit but involves assumptions of extensive memory and decision-making capacity. By contrast, earlier authors such as William James, John Dewey and Thorstein Veblen saw deliberation and choice as a contingent outcome of habits, where the latter are defined in terms of acquired dispositions rather than overt behaviour. The approach of this second group is more consistent with an evolutionary perspective and the limited computational capacities of the human brain. © Springer-Verlag 2009.
AB - Several leading mainstream economists including Gary Becker have treated habit as serially correlated behaviour resulting from deliberate choices. This approach puts choice before habit but involves assumptions of extensive memory and decision-making capacity. By contrast, earlier authors such as William James, John Dewey and Thorstein Veblen saw deliberation and choice as a contingent outcome of habits, where the latter are defined in terms of acquired dispositions rather than overt behaviour. The approach of this second group is more consistent with an evolutionary perspective and the limited computational capacities of the human brain. © Springer-Verlag 2009.
UR - http://www.scopus.com/inward/record.url?scp=59749105931&partnerID=8YFLogxK
U2 - 10.1007/s00191-009-0134-z
DO - 10.1007/s00191-009-0134-z
M3 - Article
SN - 0936-9937
VL - 20
SP - 1
EP - 18
JO - Journal of Evolutionary Economics
JF - Journal of Evolutionary Economics
IS - 1
ER -