Nationality United Kingdom Education University of York Influenced Kenneth Bin | Name Robert Sugden Fields Microeconomics Role Author | |
Born 26 August 1949 (age 74) ( 1949-08-26 ) Institution University of East Anglia, Norwich School or tradition Cognitive & Behavioural Economics Influences Harsanyi, Rawls, Smith, Hume, Mill, and Hayek Contributions welfare economics, social choice, decision theory, evolutionary social theory, regret theory Books The Economics of Rights, Cooperation and Welfare | ||
Alma mater University of York, UK | ||
Robert sugden faded
Robert Sugden (born 26 August 1949) is an English author in the area of cognitive and behavioural economics. Professor Sugden’s research combines game theory (mainly experimental game theory and coordination games) with moral and political philosophy. He is associated with the classical-liberal tradition of Hume, Mill, and Hayek.
Contents
- Robert sugden faded
- Robert sugden and emmerdale s biphobia issue
- Theory
- Awards and fellowships
- Selected papers
- Books
- References
Robert sugden and emmerdale s biphobia issue
Theory
In his most cited work, Sugden explored how conventions of property, mutual aid, and voluntary supply of public goods can evolve spontaneously out of the interactions of self-interested individuals and can become moral norms.
Sugden investigated a number of violations of the von Neumann and Morgenstern's expected utility axioms, and developed regret theory as an alternative with Graham Loomes. In support of this work, he developed a number of experimental methods to test theories of decision under risk.
His work also deals with economic methods, in which he argues that economic models are not abstractions from, or simplifications of, the real world, but rather descriptions of imaginary worlds whose validity can only be inferred by how reasonable their predictions are.